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  1. Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    performance was posted by OPAP (+4.4 percent) followed by Grivalia Properties (+2.5 percent) and Lamda... Alpha and NBG completed on October 27 the sale of their hotel subsidiaries. In specific, Alpha... Hilton hotel for a consideration of 142 million. NBG also completed the sale of its 67.26 percent

    34%

  2. Newsletter 259 -24/07/2020

    Newsletters

    Union (EU 27) countries fell by 99.5 percent YoY and stood at 4.4 million euros in May. For the same... regarding the impact of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel

    34%

  3. Newsletter 291 - 02/04/2021

    Newsletters

    index improved by 4.4 points month-on-month to -18.2 points. Year-on-year, the service confidence... order growth. The headline figure was in part due to a further deterioration in vendor performance

    34%

  4. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    a decline by 4.4 percent, while volume shows a slight rebound by 0.8 percent. The regional breakdown... at 13,383 in 2014 from 65,474 registered in 2008. Apartment prices, which are indirectly linked to building... downward revision of Greek macro environment would lead to a sharper decline in apartment prices

    33%

  5. Building permits rise by 16.2 pct in June and 7.5 pct in first half of year

    EconomyMacroeconomy

    Building permits rose by 16.2 percent in June, picking up strongly from a rise of 4.4 percent noted...) figures showed that apartment prices rose by 0.8 percent year-on-year in the second quarter of the year after a drop of 0.2 percent in Q1. The latest figure marks the first increase in apartment prices

    33%

  6. Newsletter 174 -14/09/2018

    Newsletters

    up strongly from a rise of 4.4 percent noted in May, according to ELSTAT. The latest monthly headline... (BoG) figures showed that apartment prices rose by 0.8 percent year-on-year in the second quarter of the year after a drop of 0.2 percent in Q1. The latest figure marks the first increase in apartment

    33%

  7. VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

    EconomyFeatures

    to increase next year to above 31 percent due to the pandemic. VAT revenues rose by 4.4 percent between... significantly in Hungary (-5.1 percent), Latvia (-4.4 percent), and Poland (-4.3 percent). The biggest... percent), and Austria (+0.5 percent). The VAT gap in Greece has remained consistently high. In 2015

    33%

  8. Greece buoyed by diplomatic progress on Turkey ahead of EU summit as it plans to reduce refugee camps

    PoliticsGreek Politics

    member-states with a critical approach to Turkey such as Austria, and those with more friendly... strategy on asylum and migration will involve closing 67 hotel-based accommodation centres across

    33%

  9. Newsletter 267 -02/10/2020

    Newsletters

    the balance in the Council, between member-states with a critical approach to Turkey such as Austria... strategy on asylum and migration will involve closing 67 hotel-based accommodation centres across

    33%

  10. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    on the tourism industry and the job creation it entails, the bulletin notes that in 2017, the hotel... quoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004, 8,899 hotel units were in operation in the country, increasing by 9.9 percent to 9,783 in 2017

    32%