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  1. Greek stocks drop 1.5 pct during week amid subdued trading activity
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . Alpha Bank completed last Friday the sale of its 97.3 percent stake in Ionian Hotel to Home Holdings... refinancing of Ionia Hotel debt of 67.2 million. Alpha Bank also completed on Wednesday an SME

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

    Features

    in domestic tourism expenditure of 63.9 percent. Regarding investments in the hotel sector, investment for the construction of new hotel rooms and repair or renovation of existing rooms came to around 1.54

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  3. Govt trails transition out of lockdown as training vouchers stir controversy
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that pockets of high risk remain. It was announced on Tuesday that 100 asylum-seekers housed in temporary hotel... of the facility’s occupants and employees. The hotel, which houses 470 asylum-seekers, has been placed under

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  4. Newsletter 255 -26/06/2020

    Newsletters

    . The hotel workers’ association on Rhodes, for instance, estimates that up to 40,000 workers in hotel and catering on the island are unemployed, while just 15 percent of hotels plan to open in July

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  5. Newsletter 259 -24/07/2020

    Newsletters

    regarding the impact of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel

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  6. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    trend in August would not continue into the following months. In terms of hotel occupancy rates... through to September. France performed the best with a decline of 42 percent in their hotel occupancy

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  7. Property ownership waning in Greece as renting takes over

    Society

    an apartment, followed by 36.2 percent who owned land or another asset and 30.4 percent who owned a house. Six... for apartments and 20 percent for houses. However, it was also noted that within the last few years... two years was tourism-related property (61.9 percent) followed by apartments (24.3 percent

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  8. Newsletter 276 -04/12/2020

    Newsletters

    challenges. 2 Apartment prices rise by 3.2 pct in Q3 Latest quarter marks eleven consecutive rises The rise in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the third.... Old apartments, classified as over five years old, saw their prices increase by 2.6 percent in Q3

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  9. Newsletter 297 - 21/05/2021

    Newsletters

    billion euros which was 181 million euros higher than its monthly target. Apartment prices increase 3.2... in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the first quarter... in Q4 2020. Old apartments, classified as over five years old, saw their prices increase by 3.4

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

    EconomyMacroeconomy

    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

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