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  1. Greek-Turkish tensions flare over Turkey’s bid to join SAFE
    Photo by EC - Audiovisual Service

    PoliticsForeign Policy

    stipulates that “involvement of the contractor or subcontractor in the common procurement does

    21%
  2. Newsletter 140 -17/11/2017

    Newsletters

    percent). Apartment prices fall by 0.6 in Q3 Compared to the previous quarter, apartment prices contracted... in Q2 2017, Bank of Greece (BoG) data showed. Compared to the previous quarter, apartment prices... to pose a challenge on several fronts. The drop in the nominal value of apartments in Greece eased

    21%
  3. Newsletter 166 -15/06/2018

    Newsletters

    to the permits rose by 11.8 percent while volume rose by 4.2 percent. Apartment prices fall by 0.1 pct.... The latest figure marks three continuous quarters during which the drop in apartment prices has remained under 1 percent. Compared to the previous quarter, apartment prices fell by 0.3 percent versus a rise

    21%
  4. 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

    20%
  5. 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

    20%
  6. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Domestic flight spending is expected to drop by 79 percent and spending on hotel and resort stays... on domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition... hotel industry. It showed that 65 percent of year-round hotels and 52 percent of seasonal hotels felt

    20%
  7. Hoteliers staring at big drop in turnover as liquidity calls grow
    Photo by MacroPolis

    EconomyFeatures

    of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel market has shown... being a brake on hotel results.” He added that goal for 2020 now remained to salvage what could... as the available funds were not reaching the hotel industry fast enough.

    20%
  8. Newsletter 74 - 20/05/2016

    Newsletters

    was marginally above target. A primary expenditure underspend of 1.82 billion helped the surplus. Apartment prices down Greek apartment prices fell by 5 percent in Q1 this year, compared to a 5.3 percent.... Apartment prices also eased quarter-on-quarter for the 20th consecutive quarter, albeit marginally

    20%
  9. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure

    20%
  10. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    to 622 million, slightly above the 611 million target. One of the first interventions announced

    20%