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Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct
EconomyFeaturesto the coronavirus pandemic, tourism in Greece has suffered a heavy blow with reduced revenues and reluctance to travel globally. The recovery from this shock relies on both medical developments and economic
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Covid-19 data prolongs wait for re-opening amid new clash over policing
PoliticsGreek Politicswill not be allowed to travel between regions, thereby preventing any large exodus of Athenians for villages... prompted complaints from opposition parties. The accusations of heavy-handed policing were fuelled
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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... prompting accusations of authoritarian and heavy-handed behaviour from its political opponents. The plan
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BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
Economysector. Despite the heavy economic contraction of 8.2 pct last year, the economy showed resilience... confidence and a return to normality, as well as lift restrictions on travel and as such boost external
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Newsletter 292 - 09/04/2021
it highlighted the challenges faced by the country’s banking sector. Despite the heavy economic..., as well as lift restrictions on travel and as such boost external demand. The accommodative fiscal stance
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Govt intent on making some relief measures permanent
PoliticsGreek Politics-paid cash card if they get vaccinated. The card can be used for spending on travel and entertainment... will instantly forget its failed policies, including the heavy-handedness of the police during
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After wildfires, concern about power supply sparks hot political debate
PoliticsGreek Politics, figures released by the grid operator reveal the system’s heavy reliance on natural gas and imported... even if fully vaccinated. The opening of travel with the US this summer had been received as a welcome
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Newsletter 354 - 07/10/2022
that the tourism season would recover 80 pct of the 2019 travel receipts and this turned out...’s share of close to 9 billion euros. The Energy Transition Fund did most of the heavy lifting
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PM signals April elections as MP at centre of latest sleaze scandal resigns
PoliticsGreek Politicsmapped out a heavy legislative schedule for the first quarter, after which a source close to Mitsotakis... to decide on travel measures for visitors from China in light of the surge in coronavirus infections
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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomythat will exceed the half billion euros of direct travel receipts from Israel. This turbulence compounds the uncertainty that has been caused globally by the trade policy of the US and the prospect of heavy
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