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  1. Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
    Photo by MacroPolis

    EconomyMacroeconomy

    in March 2024. For the first quarter of 2025, travel receipts increased by 4.4 percent to 1.07 billion

    47%

  2. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump

    47%

  3. Newsletter 222 -04/10/2019

    Newsletters

    from economic migrants, rather than facilitating people fleeing war or other forms of danger. However... to a convergence in the future. Athens looks to overcome APS snags Hotel owners sound warning over... Chamber of Hotels (HCH) who outlined the immediate impact on the Greek hotel sector. Alexandros

    44%

  4. Greek travel receipts rise 9.1 pct in January as surplus doubles
    Photo by MacroPolis

    EconomyMacroeconomy

    to 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals... of 14 billion euros. SETE noted that a stable tax framework, mainly related to VAT on islands and hotel

    43%

  5. Newsletter 74 - 20/05/2016

    Newsletters

    sectors stands at 7.5 billion, with 4.4 billion of loans classified as NPEs. On the same day, Alpha... 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

    42%

  6. Rise of property prices continues with 4.6 pct increase in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first half of 2021, after a revised 4.4 percent in 2020 and a 7.2 percent in 2019. Property.... Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted.... The sharpest quarterly rate of decline was seen in Q1 2012, when apartment prices showed a YoY drop of 12.8

    40%

  7. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    , imposing a uniform system of tax for hotels and hotel-like accommodation could generate at least 341... in the Greek hotel industry for better regulation of short-term rentals which they say attracts... and 6.8 percent. The effect is overall lower profit margins in the Greek hotel industry. Grant

    40%

  8. Refugee housing deadline puts spotlight back on migration policy
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    costed at 4.5 million euros was awarded to a private contractor without being put to tender... granted resident status. Their number includes 6,500 people living in apartments administered under

    39%

  9. Newsletter 197 -8/03/2019

    Newsletters

    maturities since July 2003. The 10-year benchmark started 2019 with a yield of 4.4 percent, having gone... 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

    38%

  10. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    hotel units as well as luxury residences. Cyprus’s equivalent programme, which has been in operation... apartment blocks in central Athens to use as short term rentals. While some of these tales have... to increased demand for smaller city apartments as well as luxury properties in resort destinations

    38%