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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeatureswere 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came... multiplier effect is added in, which estimates that for every 1 euro of tourism revenue generated
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Newsletter 224 -25/10/2019
a major departure from what has gone before, will apply for anyone paying contributions after January 1..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third... of 1 percent Household final consumption rose by 1 percent while the absolute figure for Q2 stood
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Greece takes first round against Covid-19 but fight continues
Agora. The appointments were to abide by a 1:1 replacement rule (one hire for each departure) and would therefore... the 1:1 ratio for the health service, and to continue the hiring programme put in motion
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Lockdown reduced spread of Covid-19 by 80 pct, research indicates
Society. The R number is considered important by epidemiologists because once the number rises above 1, it is considered that there is a risk of an epidemic. When the R number remains under 1, the risk... estimated that the impact of the lockdown was so extensive that it would have reduced the R number to 1
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Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise... quarter-on-quarter (QoQ). The number of unemployed came to 745,093 in Q1, staying below the 1 million
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent... improved to 83 percent versys 85 percent a year earlier. Capital The Common Equity Tier 1 (CET1) ratio
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Newsletter 277 -11/12/2020
slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure... at 107.41 billion. This represents a rise of just under 1 billion euros month-on-month. CPI falls
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Greek fiscal deficits and debt since 2000
Agora. There are other operations (Table 1 below) that can change the stock of debt without affecting... overall debt and, beyond debt, the state’s net worth.[1] Data in the general government bulletin... for the period 2000-2020 to see if these numbers tell us a plausible story. Table 1 summarizes
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Public sector capital stock in Greece and the Euro-19
Agorain fixed capital stock is important for the wellbeing of all citizens. Figure 1 below shows two lines... spending in the economy as a whole.[1] Benchmarking. Similar calculations of the size of a public sector... to Debt Sustainability" published in 2020. Jens Bastian is senior policy advisor at ELIAMEP. [1
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One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeaturesvalued at over 1 billion USD. Marathon VC, which has been tracking investments in Greek startups reported that the sector received record funding in 2021, approaching a total 1 billion USD. The news has... exceeded 1 million euros. Funding Funding, as one would expect to a degree, is also unequally
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