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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeatures, leading to a total of 2.50 euros in GDP. EU countries led the way for tourism arrivals in 2017... shortening. Total revenues per tourist arrivals have been dropping by 3 percent each year, implying... adds supply to the market without disrupting it. In total, around 96,000 beds or 12 percent
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Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
EconomyMacroeconomyarrivals, coming to a total of around 657,000 visitors for the month. The average expenditure per trip also... that visitors from Germany rose by 1.1 percent to around 38,200. Those from France increased... percent to around 33,300. Visitors from Russia increased by 94.8 percent to 17,000 visitors. In total
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Newsletter 208 -31/05/2019
highest overall fiscal performance with a total surplus at 1.1 percent of GDP, which confirm that Greece... on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions... that don't make it into Parliament gain a total of around 8 percent of the vote and that six parties
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Newsletter 211 -21/06/2019
of total loans, down from 47.2 percent. Greek credit institutions also managed to eliminate... euros. During the first five months of the year, total expenditure came to 21.95 billion, landing..., there were 3,441 fewer hirings than firings in May 2019. Total hirings came to 323,524 versus
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBanking, from 94.4 billion the previous year. The ratio stood at 45.4 percent of total loans, down from..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... reductions totalling 1.1 billion euros. Alpha Bank is moving ahead with the sale for two NPΕ portfolios
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Newsletter 223 -11/10/2019
not even equal 30 percent of the person’s total income. Despite these criticisms and the doubts... to the Finance Ministry, more than 1.1 million taxpayers applied to settle their tax and social security debts... to public coffers. The total amount to be settled via the scheme stands at 11.6 billion euros. Of those who
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Newsletter 247 -10/04/2020
is currently in use, with 84 beds occupied out of 247. Total ICU capacity available to the public health... or a rise of 1.2 percent. Total employment reached 3.91 million people. The data showed that there were 448... for the month came to 8,470 compared to 17,205 in March last year. Out of the total, passenger car
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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBanking. The portfolio of bad loans in question is secured against real estate assets with a total on-balance sheet gross book value of around 1.1 billion. “The aggregate consideration for the Neptune Portfolio amounts to 24 percent approximately of the total on-balance sheet gross book value, and can be increased
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Newsletter 282 -29/01/2021
, for all of 2020, total expenditure came to 70.17 billion, below target by 605 million... Total debtors now stand at 4.28 million, dropping by 88,368 people month-on-month. The month-on-month... a rise of 751 million month-on-month, bringing the total to 5.02 billion euros compared to 4.27 billion
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements
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