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  1. Greeks express most negative sentiments about economy in global poll
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    survey was conducted in March and April 2017 through face-to-face interviews with 852 respondents

    19%

  2. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments

    19%

  3. Greece’s first bailout, lenders and their pledge to maintain debt exposure
    Photo by Harry van Versendaal

    EconomyProgramme

    The Wall Street Journal and El Pais published over the weekend a revealing record of the minutes... of the holdings of its SMP purchases. Out of a total of 218 billion euros, 33.9 billion were Greek government... be returned to Greece to reduce the financing needs of the second programme, these ECB and NCB holdings

    17%

  4. 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

    17%

  5. Eurozone sets out proposals for staggered debt relief for Greece

    EconomyProgramme

    together by the European Stability Mechanism (as published by The Wall Street Journal and Reuters... Eurogroup. If the ECB returns to Athens the profits from its Greek bond holdings, with maturities

    17%

  6. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    ) and on hotel and rent rooms’ occupancy (as of 2018), while the tax rate on Gross Gaming Revenues (GGR... Holdings including the state-controlled companies. The Supervisory Board of HCAP comprises of five

    16%

  7. Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
    Photo via Flickr https://flic.kr/p/r7FCCf

    Economy

    the upgrading of the beach, residential developments, superregional and local commerce, hotel facilities... in a press release. Lamda Development is controlled by the Latsis family via Consolidated Lamda Holdings

    16%

  8. Grassroots protests highlight public discontent with development policies
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in the city centre, including a proposal by a hotel chain to convert one of them into a conference venue... the state-controlled superfund HCAP and its subsidiary HRADF to return their holdings in the Athens

    16%

  9. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    season between June to September resulted in annual Greek hotel occupancy rates of 27 percent... investments of around 1.2 billion are required annually. This would essentially return hotel investments...). An upgrade in infrastructure is in turn likely to attract higher income tourists and thus boost both hotel

    16%

  10. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    having been captured by the hotel industry such as hotel tax, the study showed that the net loss... lost was connected to hotels, and would therefore have generated jobs in the hotel industry, Grant... in the short-term rental market and hotel industry and reduce their negative social impact

    16%