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  1. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    in 58 percent of hotels which operate seasonally. At the time of the survey, one quarter of seasonal... percent of seasonal hotels estimated that turnover from rooms would be lower by 36 percent this year...-round hotels and 24,819 for seasonal hotels. KEPE In addition, research by the Centre of Planning

    21%
  2. Govt scrambles to prevent Covid-19 spreading further as holidaymakers return to cities
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , the system could crumble under the pressure of the pandemic and seasonal flu later this year. Fiscal... of September, the SYN-ERGASIA scheme will be revamped and extended until mid-October for seasonal hires and thousands of seasonal businesses will benefit from 100 pct subsidy of social insurance

    21%
  3. Grim picture in labour market obliges govt to provide more job support schemes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    higher. Those with seasonal jobs were left particularly vulnerable in terms of unemployment. According to the association of workers in tourism and catering, sectors which are highly seasonal, out... seven months of the year, some 170,000 jobs were lost in the Greek labour market. Seasonal workers

    21%
  4. Politicians have commissioned, and largely ignored, multiple reports on wildfires

    Society

    charged with fire prevention; creating a well-trained seasonal firefighting force; better training... appointee close to Mitsotakis, was the hiring of 1,300 seasonal firefighters for the 2020 wildfire... 3,000 seasonal firefighter hires. Hardalias also published Civil Protection’s proposal for the AIGIS

    21%
  5. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    of arrivals had created expectations that services jobs could absorb and offer even seasonal relief... as young and unskilled workers are usually first takers of the seasonal jobs during the summer

    18%
  6. Here's why IOBE think tank sees Greek economy growing 0.7 pct this year

    Economy

    following the completion of the electoral cycle, a slight increase in seasonal employment related... the increased seasonal employment in the tourism sector, structural reforms in the labour market (including

    18%
  7. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    is mainly attributed to the Easter period, which has a seasonal positive impact. In 2014, Easter... and European elections, a slight increase in seasonal employment related to tourism sector and continued

    18%
  8. Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
    Photo by MacroPolis

    Economy

    for seasonal reasons, primary expenditure dropped by 3.8 percent in December with the full year... to the fiscal outcome. The sharp rise of PIB expenditure to 2.04 billion in December for seasonal

    18%
  9. Retail sales drop at faster pace of 5.2 pct in Sept

    EconomyMacroeconomy

    in book, stationery and other goods rebounded 16.4 percent MoM for seasonal reasons, while...) figures, which eliminate the impact of monthly seasonal effects, showed similar changes with the non

    18%
  10. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    declined by 13 percent QoQ to 294 million, mostly due to the high seasonal administrative expenses of Q4... loans contracted by around 2.9 billion QoQ to 63.8 billion, also due to the repayment in Q1 of seasonal

    18%