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  1. Tsipras upbeat about funding deal but also mulls referendum in case of impasse
    Photo via Flickr

    PoliticsGreek Politics

    on “crucial national issues” and that any plebiscite would fall into this category. The prime... Authority (OLP) and the stalled sale of the Asteras hotel complex, would go ahead. He also indicated... regarding an agreement with lenders in the next couple of weeks but said that he would consider holding

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  2. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    would see Greece fall in line with EU directives as far as bankruptcy regulations are concerned... percent compared to 77.2 percent in 2019. These figures from the Athens and Attica Hotel Association... of primary residences which allows borrowers to rent their homes back from a holding entity and buy

    36%

  3. Newsletter 269 -16/10/2020

    Newsletters

    traditionally been Greece’s strongest thanks to tourism, to fall by more than 10 pct annually. Beyond... of Greece’s hotel sector in the midst of the coronavirus pandemic. It found that only 60 percent... the ND leader’s right-hand man, cabinet secretary Takis Baltakos was holding secret talks with Golden

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  4. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    a room to rent and only 18 percent will go to a hotel.

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  5. Newsletter 255 -26/06/2020

    Newsletters

    . However, several things have to fall in place for the government to have the fiscal space necessary.... The hotel workers’ association on Rhodes, for instance, estimates that up to 40,000 workers in hotel and catering on the island are unemployed, while just 15 percent of hotels plan to open in July

    33%

  6. General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the figures showed that revenues declined by 1.20 billion to 55.99 billion euros. A 39 percent fall in transfers was the main factor behind the fall, as this category went from 4.86 billion last year... to 55.17 billion. ​This was driven by a combination of a fall in transfers (-597 million), social

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  7. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to 20.83 million. Nevertheless, that strong performance was counterbalanced by a 9 percent fall... fiscal gap of 2.5 billion - to double the hotel VAT rate to 13 percent, aligning... negative effects are only temporal. In contrast, SETE stressed that the higher cost for hotel services

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  8. Newsletter 7 - 12/12/2014

    Newsletters

    that cumulative collections stand at just 277 million so far. Those banks (six commercial and six... of the presidential vote has two distinct advantages. By holding the ballots on December 17, 23 and 29, rather than

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  9. Stage set for censure motion as Parliament votes to review charges against deputy minister
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against... and have a three-day debate on the issue before holding a confidence vote, which the government

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  10. Greek banks conclude series of corporate actions as part of restructuring

    EconomyBanking

    the sale and transfer of its 97.3 percent stake in Ionian Hotel, which owns Athens Hilton Hotel, to Home..., including the refinancing of Ionian Hotel’s existing debt of 67.2 million. According to Alpha... family) and D-Marine Investment Holding. The latter is based in Amsterdam and operates as a subsidiary

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