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Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomyrose by 4.8 percent to 773,300, while those from France fell by 8 percent to 353,700. UK visitors... percent YoY to 10.35 billion euros. Average expenditure per trip edged down by 1 euro, or 0.2 percent... 8 million, while visitors from non-euro countries within the EU 28 rose by 16.2.2 percent to just
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingin the first half of 2019 stood at around 8 billion euros and catering came to around 1 billion euros... the tourism sector, or roughly 480 million euros. Another 8 percent, or 256 million euros in loans... to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels
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OECD forecasts unemployment increase into 2021
EconomyFeaturesthe single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... next year. Real GDP growth for Greece is expected to shrink by 8 percent this year under a single... that unemployment is set to rise under three scenarios presented. Scenario 1 anticipates a GDP
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It's the hope that kills you
Agorathat Greece would be able to secure between 8 and 10 billion euros of the 18 billion in travel receipts... on June 1 was five and by the start of July it was 17. In mid-July, when the tourism season was declared fully open, the daily cases moving average was just 41. The total number of deaths by June 1
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Newsletter 424 - 24/05/2024
a few days earlier, the New Democracy leader had already indicated that the aim was to win 8 seats... to submitting the request for 1 billion euros of the fourth grant tranche. This is where the picture... fetched over 8 billion euros from the markets, with two new issues of 4 billion euros in January
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Sudden spurt for Greek exports, which rose by 11.3 pct in June
EconomyMacroeconomyStatistical Authority (ELSTAT) on Thursday. Nevertheless, since 8 of the last 12 YoY readings were negative, the trailing index indicates a decline of 5.3 percent over the past 12 months. In contrast
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Newsletter 7 - 12/12/2014
, Independent Greeks 12 and DIMAR 10. There are also 24 independents. If at least nine of the non-aligned... from the HFSF’s coverage of the funding gap of 12 banks (net value of assets minus liabilities.... PASOK, which gained just 8 percent as part of the centre-left Olive Tree alliance, felt
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How Greek banks can balance on the collateral tightrope
Agoradecided on May 12 to lift the ELA cap for Greek banks by 1.1 billion to 80 billion. Banking sources... should replace liquidity of 12 billion euros with more collateral. On top of the current ELA eligible... loans based on the currently applied haircuts. This is reduced by 8 billion for each 10 pp increase
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Greece watches closely as Turkey prepares for referendum
PoliticsForeign Policy. The last time Turkey adopted a common, "national stance" towards Greece was 22 years ago, on June 8... Greece (casus belli) if it extends its territorial waters in the Aegean from 6 to 12 nautical miles..." as most islets claimed by Ankara are located within 6 and 12 nautical miles. The demilitarisation
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Survey shows 42 pct of Greek expats unlikely to return
Societysalary of over 50,000 euros, 27 percent 20-29,000 euros, 22 percent 30-39,000 euros, 12 percent... a year ago, while only 5 percent said that they had left within the last six to 12 months. The remaining 8 percent had left within the last six months. Over half of those who left had experience of working
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