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  1. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    . This equals a multiplier effect of 2.2. According to the IOBE multiplier, in 2018, tourism directly...). This estimated the multiplier effect from each euro of direct tourism revenue to be 2.65. According

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  2. Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
    Photo by MacroPolis

    Economy

    , and the average maturity of 21 years is among the longest of all Fitch rated sovereigns. The combined effect... developments in the banking sector would have a knock-on effect on the real economy and public

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  3. SYRIZA targets broader appeal as ND focuses on next bills
    Photo by MacroPolis

    PoliticsGreek Politics

    of the party’s youth wing on Sunday night, was one of inclusivity. In effect, it means that Tsipras... at a gathering of the party’s youth wing on Sunday night, was one of inclusivity. In effect, it means

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  4. Newsletter 232 -13/12/2019

    Newsletters

    into effect when the senior notes have secured the minimum credit rating of ‘BB-‘ and the management... that in anticipation of the Hercules coming into effect, and A rare show of unity was achieved

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  5. Greece braces for potential impact of coronavirus on key economic sectors
    Photo by MacroPolis

    PoliticsGreek Politics

    to feel the effect of slowing economic activity at the epicentre of the virus. Imports from China... a combined effect with tourism totalling 1.5 percent GDP. Policy impact With such large numbers at stake

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  6. Newsletter 241 - 28/02/2020

    Newsletters

    to feel the effect of slowing economic activity at the epicentre of the virus. Imports from China..., and a 10 percent reduction in revenues according to the conservative scenario could have a combined effect

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  7. More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
    Photo by MacroPolis

    Economy

    of measures to support businesses affected by the virus was due to come into effect on Thursday. It includes... tried to assess the potential overall impact on the Greek economy from the negative effect

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  8. Newsletter 243 -13/03/2020

    Newsletters

    to support businesses affected by the virus was due to come into effect on Thursday. It includes... as economists tried to assess the potential overall impact on the Greek economy from the negative effect

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  9. BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
    Photo by MacroPolis

    Economy

    instability. The turbulence in global financial markets has a ripple effect on financing conditions... the virus is spreading quickly and it is too early to tell whether the hopes of a cushioning effect

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  10. Greece pinpoints flaws in Turkey's Aegean claims
    Photo by MacroPolis

    PoliticsForeign Policy

    a cut-off effect on the coastal projection of Turkey, towards Libya’s shores. Also, being on the “wrong... have a cut-off effect on the coastal projection of Turkey to the Libya’s shores. Athens believes

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