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Budget primary shows deficit of 7.01 bln in September

Mon, 26 Oct 2020 11:18:00 GMT

The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million

Hotel owners sound warning over Thomas Cook revenue losses

Wed, 02 Oct 2019 09:49:00 GMT

impact of the collapse of Thomas Cook on the Greek hotel sector. The president of the HCH... in Greece, 1,193, or 12 percent, were partnered with Thomas Cook. Out of the partnered hotels, 48 percent... star category hotels were the most dependent on revenue from their partnerships with Thomas Cook

Calls for measures to lessen impact of Thomas Cook collapse in Greece

Tue, 24 Sep 2019 09:13:00 GMT

The collapse of British travel firm Thomas Cook on Monday left around 50,000 tourists stranded... with the travel giant will be hit particularly hard. One of Thomas Cook’s policies was to pay hotels... would be explored in order for hotels to recoup their losses from Thomas Cook. The Greek Tourism

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

PWC report finds Greek fire damage above average despite lower incidence

Wed, 03 Oct 2018 11:57:00 GMT

A report by PricewaterhouseCoopers (PwC) which examined Greece’s firefighting capabilities has... to PWC, which was found to be less than the average among southern European countries. Despite... hectares when compared to non-election years. PWC identified three main causes for Greece suffering

Greek tourism building strength but needs to diversify, PWC study finds

Tue, 27 Nov 2018 12:43:00 GMT

PWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential. The study, titled “The Next Day of Greek Tourism” showed... the low number of sales, PWC found that there is a significant bid-ask gap for hotel companies on sale

General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln

Fri, 06 Nov 2020 11:23:00 GMT

Greece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came

Budget primary shows deficit of 7.01 bln as revenues suffer in September

Thu, 15 Oct 2020 10:19:00 GMT

The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its

No fear of the bear? Bilateral economic relations between Germany and Russia

Fri, 20 Jan 2017 13:22:00 GMT

bilateral (economic) ties with Russia. Germany's economic interests in Russia are significant before... champion). More specifically, bilateral trade has fallen from 80 billion euros to 52 billion since 2012...), food and agricultural produce. By contrast, the bilateral foreign direct investment landscape shows

U.S. and China are still in reconnaissance mode, but for how long?

Wed, 05 Feb 2025 14:27:00 GMT

extreme, commentators expect bilateral relations to head for a free fall. At the other, pundits argue... will certainly be an area of heated confrontation between the two powers. In 2024, bilateral trade grew... Strait and the South China Sea will remain high on the bilateral agenda, and the U.S. president