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  1. NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
    Photo by MacroPolis

    EconomyBanking

    hotel. The bank also said it has entered into exclusive discussions with the consortium... Enterprises Messinia (controlled by Konstantakopoulos group) and D-Marine Investment Holding (Dogus

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  2. Greek stocks rebound 2.4 pct, banks edge down for fourth successive week
    Photo via www.helex.com

    Economy

    -Marine Investments Holding as the preferred bidder for the sale of its 97.3 percent stake in Athens Hilton hotel. NBG completed on Monday a SME securitisation of 300 million, the first similar

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  3. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    ) to a Greek supplier on behalf of TAP AG (Greece) and the contribution by D-Marine Investment Holding to the share capital of Home Holdings for the acquisition of Ionian Hotel Enterprises. For the whole

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  4. After agreeing measures, coalition sets sights on vote and debt relief deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    several hours after the negotiations at Athens’s Hilton hotel had been wrapped up, government... in Greece holding up a settlement. This underlines how important the prospect of debt relief now

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  5. Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    by Greek Parliament, include the construction of a luxury hotel and a shopping mall in the port area.... and CIEP Participations, a unit of US-based Carlyle Group, and Vitol Holding with Algeria-based

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  6. Development model questioned again amid reaction to luxury resort go-ahead

    PoliticsGreek Politics

    , which will include a five-star hotel, luxury condos and a 60-berth marina, promises to attract 120.... ND lead Polling continues to show ND holding a comfortable lead over SYRIZA, but also captures

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

    PoliticsGreek Politics

    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

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  8. Newsletter 269 -16/10/2020

    Newsletters

    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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  9. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    season between June to September resulted in annual Greek hotel occupancy rates of 27 percent... investments of around 1.2 billion are required annually. This would essentially return hotel investments...). An upgrade in infrastructure is in turn likely to attract higher income tourists and thus boost both hotel

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  10. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    having been captured by the hotel industry such as hotel tax, the study showed that the net loss... lost was connected to hotels, and would therefore have generated jobs in the hotel industry, Grant... in the short-term rental market and hotel industry and reduce their negative social impact

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