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  1. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    in 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019. In a publication... which accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent in international

    5%

  2. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    by SETE. Early in 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019... accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent in international arrivals

    5%

  3. From a tsunami of debt to some sense of normality
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    Management Agency (PDMA) had a provisional goal of issuing a total of just 7 billion euros of new debt.... Halfway through the year, the PDMA has achieved its goal. It has issued three bonds of 5-, 7

    5%

  4. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    value of 40 billion, banks have around 24 billion euros in provisions. DTCs total around 7 billion... minus provisions of 24 billion euros. At the same time, the SPV will receive 7 billion euros

    5%

  5. Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 7 percent in 2019. The study noted that based on scheduled flight seats booked for 2019 in 18 regional airports which accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent

    5%

  6. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    -on-quarter (QoQ), this represents a decline of 7 percent. For the first half (H1) of the year, net... versus a loss of 19 million in H1 2018. Operating expenses fell by 7 percent YoY to stand at 408

    5%

  7. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    a fall of 7 percent YoY. The cost-to-income ratio stood at 53 percent on a recurring basis for H1... fell by 7 percent YoY to stand at 408 million euros in H1. Alpha Bank’s net fee and commission

    5%

  8. Turnover in tourism rises by 12.9 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019. The study... for 79 percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected

    5%

  9. SYRIZA targets broader appeal as ND focuses on next bills
    Photo by MacroPolis

    PoliticsGreek Politics

    Mitsotakis last month, is due to made available next Monday, October 7. Three other items... Kyriakos Mitsotakis last month, is due to made available next Monday, October 7. Three other items

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  10. Authorities aim to collect up to 11 bln after strong uptake in overdue tax scheme
    By Panayiotis Tzamaros/Fosphotos

    Economy

    The scheme to allow taxpayers to settle their debts in 120 instalments attracted over 1.2 million applications, the government said. The scheme closed on October 7 and is expected to add extra... professionals who applied for debt settlement before the October 7 deadline but as yet have not had

    5%