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Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeaturesThe Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic. The survey was carried out... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless
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Apartment prices rise 3.2 pct in Q1
EconomyMacroeconomy. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted.... The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained an upward trajectory, reflecting
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Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled
EconomyMacroeconomyApartment prices in the Greek market fell by 9.2 percent in Q3 at a slightly decelerating pace..., the drop in apartment prices accelerated from a mid-single digit level in 2010 and 2011 to a low double... ban is seen exerting further pressure on apartment – particularly small and medium – prices, meaning
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Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall
EconomyMacroeconomyThe fall in Greek apartment prices decelerated for the seventh straight quarter to 3.9 percent...). The latest headline figure is the 24th successive negative reading since Q1 2009. Apartment prices also... decreased by 24.6 and 28.2 percent respectively in Q1. As a result, the index of apartment prices further
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomy, respectively. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall.... The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop...The rise in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY
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Newsletter 247 -10/04/2020
in the build-up to Greek Orthodox Easter on April 18. The aim is to prevent city dwellers from... grows that city dwellers might attempt to return to their villages for the biggest holiday... the camp populations in hotel accommodation. In the past week, the Greek authorities placed two migrant
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Drop in apartment prices continues with slower decline of 1.2 pct in Q2
EconomyMacroeconomy, Bank of Greece (BoG) data showed on Thursday. Compared to the previous quarter, apartment prices... in Thessaloniki. Apartment prices have been in contractionary territory since the first quarter of 2009...The nominal value of apartments in Greece fell at a slower pace of 1.2 percent year-on-year (YoY
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Fall in apartment prices continues with slower decline of 0.6 pct in Q3
EconomyMacroeconomyshowed on Thursday. Compared to the previous quarter, apartment prices contracted by 0.1 percent... areas of Greece. Apartment prices have been declining since the first quarter of 2009. The biggest...The drop in the nominal value of apartments in Greece eased to 0.6 percent year-on-year (YoY
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Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
EconomyMacroeconomy) data showed on Thursday. Compared to the previous quarter, apartment prices rose by 0.5 percent... of 2.4 percent in 2016. Apartment prices have been declining since the first quarter of 2009...The drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY
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Apartment prices rise 7.9 pct in Q3, continuing upward trend
EconomyMacroeconomy, and they increased by 5.7 percent in other areas of Greece. Apartment prices in Greece began to decline... 2012, when apartment prices showed a YoY drop of 12.8 percent. Other indicators In other relevant data...The rise in the nominal value of apartments in Greece accelerated to 7.9 percent year-on-year (YoY
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