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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeaturesin Greece, 1,193, or 12 percent, were partnered with Thomas Cook. Out of the partnered hotels, 48 percent were 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came
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Newsletter 224 -25/10/2019
a major departure from what has gone before, will apply for anyone paying contributions after January 1.... The number of deputies that could be elected in this manner will be increased from 12 to 15 and parties..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking) in H1 came to 727 million, up by 1 percent YoY, mainly on the back of improving funding costs... of 3 percent YoY and 12 percent QoQ. The main contributors were new loan generation, as well... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent
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Greek fiscal deficits and debt since 2000
Agorathe third macro-economic adjustment program in August 2018. Our concluding monthly Blog 12 in 2021 explores.... There are other operations (Table 1 below) that can change the stock of debt without affecting... overall debt and, beyond debt, the state’s net worth.[1] Data in the general government bulletin
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomy(12 percent). The sectors exhibiting the highest year to date reduction are those of social... target of 6.6 billion for 2013 (also included in the 2014 budget) lower than the initially projected 8
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State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013
EconomyMacroeconomy, followed by state hospitals at 958 million (16 percent) and local authorities at 683 million (12 percent... arrears’ payment target of 8 billion to 6.6 billion for 2013.
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Sales season pushes November retail volume to growth for the first time since March 2010
Economyand social benefits. The latest figures show an 8 percent drop in gross household income in the third quarter of 2013 following a 7 – 12 percent decline in the preceding six quarters, according to ELSTAT
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Majority of services sectors still see contraction in turnover in Q1 2014
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed 8 out of the 14 services activities posted a contraction in Q1 2014, according to the Hellenic Statistical Authority (ELSTAT... professional, scientific and technical activities (up 12 percent). Legal and accounting activities
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Small but rare rise of 0.4 pct for Greek retail turnover in June
EconomyMacroeconomy(down 8 percent), furniture, electrical and household equipment (down 6.9 percent) and department... with aggregate gains of 32 points over the past 12 months.
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Greeks exports down by 8.7 pct in September as imports rise by 7.4 pct
Economyfigure is the sixth positive reading year to date. However, the trailing index over the past 12... for September and the 9-month period. The latest data for the 8 months - released by ELSTAT on October
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