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Drop in arrivals and spending impinge on H1 travel receipts
EconomyMacroeconomy, receipts from Germany dropped by more than 13 percent and from France by 19.8 percent, offset... of origin outside the EU saw cumulative declines of 8.3 percent in the case of Russia and 7.4
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Greece slips five places to 86th in global competitiveness rankings
EconomyGreece’s saw its competitiveness drop five places to 86th in a list of 138 countries, according to the Global Competitiveness Report 2016-17 published by the World Economic Forum (WEF) on Wednesday...) and policy instability (16.4 percent), while tax rates (8.3 percent) was less than half compared
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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomyflow is positive at 372 million, as savings’ outflows of 2.1 billion were more than offset by time... the completion of the first programme review, banks saw inflows of 2.04 billion over the past five months
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Obama emphasises need for debt relief in Athens but Berlin keeps expectations low
PoliticsForeign Policymedia saw as providing a potential boost to the local tourism sector via the international coverage... lower than other leading sources of visitors such as Russia and Germany. Even more worryingly, travel
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Deposits rise to 124.6 bln in Oct on inflows of 1 bln
EconomyMacroeconomyflow of 1.87 and 1.2 billion in time and sight accounts that more than offset outflows of 1.69... May, Greek banks saw inflows of 2.88 billion by October. Total deposits – which also include those
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The scenarios ahead for Greece as review hangs in balance
PoliticsGreek Politicsmajority. If they win and gain more than 150 seats in the Greek Parliament, Kyriakos Mitsotakis’s party... to the economic stagnation Greece saw in 2016, continuing in 2017 and carrying into 2018. This will mean
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Rising tension in Western Balkans add to diplomatic concerns
PoliticsForeign Policysaw hundreds of VMRO-DPMNE supporters storm the Former Yugoslav Republic of Macedonia (FYROM... zone in which other actors have more influence than the European Union.” Additionally, many in both
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Greek media often sensationalised coverage of refugee crisis, study argues
Societyby the Greek media, some of whom saw it as the manufacturing of a situation where Turkey was handed... events involving migrants. There are currently more than 60,000 refugees in Greece. Of the 25,069
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Drop in apartment prices continues with slower decline of 1.2 pct in Q2
EconomyMacroeconomyapartments, over five years old, saw their prices fall by 1.3 percent in Q2, whereas up to five years old... by more than a quarter since the end of 2010 on net deductions of around 22 billion. At the end of last
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturespercent more than at the same time last year. The price has been boosted in part by an increase... gas are estimated at 40 percent. This year also saw the relaxation of the rules governing new
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