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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomyimportant issues that should be tackled timely and effectively in order to confirm the positive economic... as soon as possible.” On travel receipts, which contributed 8 percent of GDP last year, the BoG.... As a result, travel receipts from the UK made up less than 12 percent of total travel revenues
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Newsletter 175 -21/09/2018
savings on pension spending in order to repurpose those funds to strengthen its social safety net has... in the services surplus which offset a deepening of the balance of goods deficit. The travel balance came to a surplus of 3.22 billion in July, rising by 15.9 percent YoY. Travel receipts rose by 14.4 percent
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Newsletter 279 - 05/03/2021
to the rules on movement for various activities which limit the range of travel for exercise... on peoples’ stated reasons for travel. The announcements provoked an outraged response by all... for various activities which limit the range of travel for exercise and shopping. to impose more
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Newsletter 431 - 12/07/2024
lets in order to free up housing stock for long-term renters are also expected to get the thumbs-down... is expected to break another record this year and reach 21 billion euros in travel receipts. This has pushed up the prices of all aspects of travel, also contributing to the persistent inflation in the country
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Delta variant shifts goalposts for tourism season and vaccinations
PoliticsGreek Politicslikely to result in further restrictions on travel. As recently as last week, PM Kyriakos Mitsotakis... would make it harder for would-be tourists to travel. The available data on arrivals in Greece... to book their second shots in order to better protect against the virus and the Delta variant
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingoptions have been rolled out in order to keep operations moving smoothly. Forbearance measures have... through lower redefaults and higher curings. Overall, the domestic NPE stock came to 10.8 billion
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Vaccination rate starts to rise as further lockdown relaxation examined
PoliticsGreek Politicsin order to facilitate travel within the EU. However, a number of member states have reservations about... of clashes between the government and the opposition over the issue of law and order. Since coming... public protests. The ruling centre-right party sees the law and order issue as one on which it can firm
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PM hopes for return to normality by summer, but vaccine progress remains slow
PoliticsGreek Politicsbe required by all European countries in order to bring the target within reach. At the current pace... intractable Europe-wide delays to vaccination, and the ever-tightening measures on travel being... the pandemic as public order issue rather than a public health issue”, while a spokesman for Communist Party
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Newsletter 329 - 25/02/2022
to oil where possible in order to conserve natural gas. The government is already acutely aware... that restoring fiscal order is one of the main issues that it will have to tackle in the near-term, just... jumping to 28.5 billion euros, from 24.2 billion in 2020. This tall order has been made tougher
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Complex privatisation fund faces tall order to reduce Greek debt
EconomyOn top of the fiscal measures yielding 3 percent of GDP by 2018, one of the key prior actions for the conclusion of Greece’s first programme involves the establishment of a new privatisation fund. This was envisaged in the Eurozone Summit statement of l...
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