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Diplomatic tension over refugee crisis grows as Greece protests to Austria
PoliticsForeign Policycorridor.” Athens claims that Austria is violating the verbal commitments given at last week’s European... Union. Military authorities are currently working out the details of the mission. Austria Austria... by Austria's Foreign Minister Sebastian Kurz. During his meetings in Skopje he signed a “joint action plan
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Newsletter 63 - 19/02/2016
for Ionian Hotel Enterprises, which owns and operates Hilton Athens hotel. Alpha holds a stake..., the discussions between many of Greece’s northern neighbours about strengthening border controls and Austria... decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth
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Industrial production up by 4.4% in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data... of future new order growth. The headline figure was in part due to a further deterioration in vendor
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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomyBuilding permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic... of Greece (BoG) figures showed that apartment prices rose by 0.8 percent year-on-year in the second... in apartment prices since Q4 2008. For 2017 as a whole, the decline in property prices came to an average
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Hotel industry sees investment in high-end units, but hampered by seasonality
EconomyFeaturesThe Greek hotel sector reported strong performance in 2019 as revenues rose by 7.3 percent year... on the latest available data from 2018, the HCH showed that hotels and hotel chains captured... of stays and 5.4 percent of revenue). In 2019, a total of 9,971 hotel units were registered in Greece
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Hotel guest numbers up 8.7 percent in 2014
Economyrepresents an increase of 4 million on 2013, pushing hotel bed occupancy up from 45.2 to 47.3 percent... – that is, someone who has lived for at least a year in Greece, regardless of nationality. Their share of hotel... of nights). Of these countries, the biggest increases in hotel arrivals were recorded for the US
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Greece seeks to mend fences with Austria but frets about EU-Turkey deal
PoliticsForeign Policygesture from Athens in a bid to restore its relations with Austria, which had been sorely tested... from Austria in protest over Vienna not inviting a Greek delegation to its “Western Balkans conference... with Austria may have come too late as the country is facing domestic political complications following
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Greece recalls ambassador in Austria, waits for EU position on refugee crisis
PoliticsForeign Policywithdrew its ambassador from Vienna "for consultations" in retaliation for Austria limiting the number... countries (EU members Austria, Slovenia, Croatia, Bulgaria and non-members Albania, Bosnia, Kosovo... relations with Austria, whose Chancellor Werner Faymann was one of the few public supporters of the Greek
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Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
EconomyMacroeconomyThe drop in apartment prices in Greece decelerated for the fourth successive quarter to 7.3 percent... indicates the twenty-second consecutive negative reading since Q1 2009. Apartment prices also dropped..., the apartment price index landed at 65.1 in Q2 2014, which indicates a cumulative nosedive of 36.3 percent from
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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomyThe rate of decline in apartment prices slowed for the fifth straight quarter to 7 percent in Q3..., apartment prices fell by 1.2 percent quarter on quarter (QoQ) in Q3, which is the fourteenth consecutive..., the index of apartment prices fell to 64 in Q3, implying a sharp decrease by 37.4 percent from
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