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  1. Travel balance up by 15.3 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 50.6 percent and came to 216.3 million. Foreign arrivals increased by 5 percent during... per trip rose by 10 percent to 583.40 euros in the aggregate period, versus 530.40 euros for the same

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  2. Turnover in tourism sector rises by 6.1 pct in Q3

    EconomyMacroeconomy

    index rose by 4.3 percent YoY in Q3, while the food service index increased by 10 percent. According... increased by 5 percent during the month, coming to roughly 5.1 million visitors. The average expenditure

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  3. Mitsotakis pledges more tax cuts in 2020 amid police violence claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    on their incomes. This rises to 5 pct for those earning between 20,000 and 30,000 euros, 6.5 pct.... There are two more rates of 9 and 10 pct for higher earners. New Democracy has targeted property and income

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  4. Study sheds light on different experiences, aspirations of new and long-term migrants

    Society

    in the country for an average of 10 years. In terms of qualifications, more than half of long-term... motivation, a reason cited by less than 20 percent of Albanians and 5 percent of Georgians. “This is a very

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  5. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros was seen taking the total to 249 million euros. In other revenue, a drop of 10 million euros... million) and state budget (-5 million). Tax refunds account for the lion’s share of​ arrears at 30.1

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  6. Greece braces for recession, hopes to bounce back from summer onwards
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    onwards, meaning that Greece’s most vital sector, tourism, would suffer a huge blow. Since March 10... sees the Greek recession at 5 pct but warns that it could reach as much as 15 pct in the adverse

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  7. Greece braces for deeper Covid-19 impact on economy, budget and public debt
    Photo by MacroPolis

    Economy

    a recession that will near 10 pct as tourism around the globe will come to a halt, trade routes... of the Finance Ministry budget by 5 billion euros. It is near certain that these support measures will need

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  8. Greece heads back to markets with 7-year bond in bid to boost own funds
    Photo by MacroPolis

    Economy

    Outlook cycle. Greece is seen as the wort affected advanced economy, with a contraction of 10 pct... short of 70 pct, followed by banks at 14 pct and hedge funds at a low 5 pct. The last market test

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  9. IMF expects difficult year for public finances, PBO highlights impact on labour force
    Photo by MacroPolis

    EconomyMacroeconomy

    The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook... will rise by 5 percentage points and the drop of exports in the quarter is seen at 25 pct. The PBO has

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  10. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    , investments and exports will be hit hard, particularly tourism, which stands for 10 pct of GDP..., which translates into a primary deficit of nearly 5 pct, the first one after four years

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