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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policystipulates that “involvement of the contractor or subcontractor in the common procurement does
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Newsletter 140 -17/11/2017
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
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Newsletter 166 -15/06/2018
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
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesseason 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
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeatureshaving 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
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Covid-19 impact on tourism sector set to be extensive, report suggests
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
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Hoteliers staring at big drop in turnover as liquidity calls grow
EconomyFeaturesof 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.
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Newsletter 74 - 20/05/2016
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
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomyloans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
Economyto 622 million, slightly above the 611 million target. One of the first interventions announced
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