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Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
EconomyMacroeconomy-related hotel closures, while the food service index decreased at a slower rate by 1.6 percent
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Hotel and catering jobs propel May hiring balance to new record
EconomyMacroeconomy, followed by cooks with 19,294 and hotel cleaners with 11,172. For the first five months of 2024
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Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter
EconomyMacroeconomyApartment prices in Greece fell by 7.5 percent year on year (YoY) in the first quarter (Q1) of 2014... quarters, this is the twenty-first successive negative reading since Q1 2009. In addition, apartment... by 63.4 and 66.2 percent respectively. The index of apartment prices peaked at 102.2 in Q3 2008 and has
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Newsletter 63 - 19/02/2016
for Ionian Hotel Enterprises, which owns and operates Hilton Athens hotel. Alpha holds a stake... decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth... successive quarter by 0.9 percent in Q4 from decline of 1.4 percent QoQ in Q3. In 2015, apartment
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeaturescreated what the study termed “tourism ghettos”, areas of the city where tourists are the main... than that for the long-term properties. Elsewhere in Greece, a similar pattern was noted. The city... having been captured by the hotel industry such as hotel tax, the study showed that the net loss
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House of cards (The rise and fall of Akis Tsochatzopoulos)
Agora, the Acropolis’s shadow virtually touched the luxury apartment the PASOK veteran purchased on Athens’ most... surprises life may throw at you. The apartment on Dionysiou Areopagitou Street was just one of many... gathered in the rain outside the luxury apartment. “Bring back our money,” they chanted. Since
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Criticism of Athens "Great Walk" prompts debate on public spaces
PoliticsGreek Politicsthe city centre, replacing them with wider pavements and cycle lanes. Later stages will include more... the plan was approved unanimously in principle by the City Council, many of the parties involved are now... and leader of the “Open City” coalition on the council described the mayor’s actions as “deeply
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Newsletter 197 -8/03/2019
said that as prime minister he would seek a “grand bargain” with Greece’s creditors. His government... but lower by 9,235 persons year-on-year. Apartment prices up by 2.5 pct in Q4 Annual rise comes to and 1.5... contraction of 1 percent in 2017. Compared to the previous quarter, apartment prices rose by 0.7 percent
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoracity Skopje, the construction sites of the A2/A3 highway from Kičevo to Ohrid (57 km... reduce travel time from the capital Skopje to Štip, which is the largest city in the Eastern region.... In 2010, China’s Zhengzhou Yutong Group was chosen to supply the capital city Skopje with 202 retro
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Newsletter 74 - 20/05/2016
was marginally above target. A primary expenditure underspend of 1.82 billion helped the surplus. Apartment prices down Greek apartment prices fell by 5 percent in Q1 this year, compared to a 5.3 percent.... Apartment prices also eased quarter-on-quarter for the 20th consecutive quarter, albeit marginally
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