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  1. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    to 104.6 million, and 2016 when the loss was estimated at 160.6 million. Supposing that the revenue... Thornton estimated that the theoretical lost jobs connected to short-term rental stood at 12,520... estimated that the waste produced by an average short-term rental is 20.3 percent higher than

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  2. Calls for measures to lessen impact of Thomas Cook collapse in Greece
    Athens Airport

    EconomyFeatures

    disruption. Theoharis estimated that roughly 22,000 tourists were expected to return home... largest companies and the world’s oldest travel companies impacted an estimated 500,000 holidaymakers... Confederation (SETE) estimated that the economic losses for the Greek tourism industry as a result

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  3. Study calls for sweeping reform of Greek healthcare system

    Society

    at, though the study estimated that it could be as high as 20 percent of the household budget, a level... 5.2 days, the lowest in the EU. Up to a third of emergency room cases are estimated... as a proportion of the population, it also has the lowest number of nurses. It is estimated that the system

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

    EconomyFeatures

    hotels estimated that their turnover would drop by 51 percent in 2020 based on room rates. For conference rooms, 87.6 percent of hotels estimated a reduction of 66 percent in turnover. Additionally, 83 percent of seasonal hotels estimated that turnover from rooms would be lower by 36 percent this year

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  5. Gloomy preliminary results for Aegean as state support talk gathers pace

    EconomyFeatures

    and February, respectively. Pre-tax loss is estimated at 80 million euros compared to pre-tax loss of €48.7... ineffectiveness. Taking this into account, estimated pre-tax losses worsen to 110 million in Q1... capital credit lines in Q2 with Greek banks, totalling 120 million. It is estimated that due

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  6. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    a C/A balance close to zero in 2013 and 2014. Note that the latest BoG estimates released..., which is broadly in line with troika July estimates at 2.8 percent and 1.7 percent respectively.

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  7. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP in 2013 and around 2 percent in 2014, while the IMF’s more updated estimates stand at 1.0 and 0.5

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  8. Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek non-seasonally-adjusted GDP contracted 3 percent in the third quarter of 2013, confirming flash estimates released on November 14, according to provisional data published by the Hellenic... year: The official sector estimates a rebound by 0.6 percent, also shared by local banks and Fitch

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  9. Greek current account deficit rises to 709 mln in February

    EconomyMacroeconomy

    forecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point... respectively. In its updated World Economic Outlook published earlier this month, the IMF estimates

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  10. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    to the Medium-Term Fiscal Strategy adopted last month. The new estimates suggested the primary surplus would... to the new full year estimates. The final 5-month primary surplus and budget deficit indicated both figures

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