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New study shows Greek population more than halving by 2100
SocietyA study by the Lancet has shown that Greece’s population is set to shrink to levels as low as 4.7 million people by 2100, less than half of the recorded population in 2017. The paper entitled... rate rose towards the end of the 1960s and has been in decline ever since, excluding a short uptick
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Hoteliers staring at big drop in turnover as liquidity calls grow
EconomyFeaturesThe Hellenic Chamber of Hotels (HCH) has released its latest survey regarding the impact of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel market has shown little sign of recovery as the summer begins. A total of 1,941 hotels were surveyed, representing 19.4
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Disposable income falls by 0.4 pct YoY in Q1, final consumption down by 0.5 pct
EconomyMacroeconomyAuthority (ELSTAT) data released on Friday. The YoY change in disposable income has once more... has declined by 63.6 percent. Household final consumption fell by 0.5 percent while the absolute
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Episode 8 - Athens: An ancient city grappling with modern problems
Agoraand bicycle lanes to the heart of the city. The addition has caused controversy and criticism. Phoebe... section, The Agora, which has been a forum for discussing all kinds of issues over a number of years. We
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomypoints in June, to stand at -13.3 points. Year-on-year, industry confidence has fallen by 15 points, recovering from the lowest it has been since October 2015. In addition, Markit’s PMI for July
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Accused of U-turn over extension of territorial waters at home, ND steps up diplomatic drive abroad
PoliticsGreek Politicsof the political tensions that it has excited. Alexis Tsipras has already made it known that his party will vote
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Ionian expansion raises questions about Aegean as Athens talks with Tirana
PoliticsForeign Policythe idea of the partial extension of territorial waters. For that reason, the Prime Minister has...-Albanian Continental Shelf and Maritime Zones has become an extremely sensitive issue in the Tirana-Athens
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Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
EconomyMacroeconomy(ELSTAT) figures showed on Thursday. The jobless rate has remained broadly unchanged compared to the Q2... unemployed constitute 66.2 percent. The latest quarter’s figure for long-term unemployed has remained
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Travel balance falls by 85.1 pct in July
EconomyMacroeconomyGreece’s travel balance came to 516.4 million euros in July from 3.47 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 85.1 percent year-on-year (YoY... that as of July 2020, conduct of the border survey has fully resumed.
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Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year
EconomyFeaturesThat latest air traffic data has highlighted what a terrible year the Greek tourism sector is going through, just as newly released 2019 figures highlighted an increase in arrivals and receipts last year. Research by the institute of the Association of Greek Tourism Enterprises (INSETE) has
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