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New government sets sights on sustainable and wide-reaching tourism industry
Economythat new Greek National Tourism Organisation was being launched, which would be headed by former PASOK... with a low carbon footprint. The quality and competitiveness of Greek tourism would be improved... economic output from tourism and ensure arrivals remain steady. He noted that while tourism numbers
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingof Greece's financial stability report, as of mid-2019 Greek banks had exposures to businesses of 122.5 billion. In the sector of accommodation, the non-performing exposure (NPE) ratio for Greek banks... was enjoying record years in arrivals and revenues. In nominal terms, accommodation sector loans
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek Politicsinto Greek as part of the judicial investigation in Greece so the name of politicians who allegedly... in Washington. Nevertheless, the same page of the document in Greek, as published by Documento, contains... by Tsipras, mainly measured by the lower number of migrant arrivals during its watch. Novartis Away
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Mitsotakis projects readiness and EU-backed strength as Tsipras questions policy
PoliticsGreek Politicswas the decision by French President Emmanuel Macron and Greek Prime Minister Kyriakos Mitsotakis to travel... operation. Greek officials said that 1,039 people had been evacuated from Qatar, Kuwait, Bahrain, Israel.... On migration, arrivals in Crete and Gavdos have increased, mainly Sudanese nationals driven by weather rather
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Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
EconomyBankingto have an NPE ratio of less than 10 pct by mid-2022 and roughly 8 pct by the end of the year. P&L Pre
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Turnover in tourism rises by 12.9 pct in Q2
EconomyMacroeconomy. The latest figures from the Greek Tourism Confederation (SETE) showed that in June, international arrivals by air rose by 2 percent. In the aggregate period, arrivals rose by 4.4 percent year-on-year. Early... in international arrivals for the month of June, with arrivals coming to 4.1 million visitors
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Searching for electoral manifestos and overcoming voting obstacles in Greece
AgoraBank in Frankfurt put liquidity issues in the real economy and refinancing options for Greek banks... practical administrative and economic issues that will require immediate attention for any Greek government... economic policy proposals rests in the fact that Greek parties traditionally do not publish detailed
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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek Politics. This was compounded by Greek Finance Minister Yanis Varoufakis telling reporters that he had been shown a draft... to the Greek side. After initial reports and comments from EU officials that the Moscovici document did...” and “successfully conclude the programme,” which are clearly anathema to the Greek side but are in line
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammeThe Greek Finance Ministry leaked today all the key documents that were presented to Greece’s... of the main economic parameters put forward by the Greek side during these discussions. In the first Eurogroup, Greek Finance Minister Yanis Varoufakis indicated that the primary surplus of 1.5 percent
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Newsletter 55 - 12/12/2015
, the European Commission’s representative in the quadriga of lenders monitoring the Greek programme... September 2012. Rate of deflation slows The fall in the Greek Consumer Price Index (CPI) slowed...-hate relationship Doubting the IMF is par for the course for Greek prime ministers Since the beginning
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