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August Yield for Accommodation, F&B Services in Greece up 24.3%

Robust tourist flows to Greece in August increased turnover for accommodation and F&B services providers by 24.3%, according to the Hellenic Statistical Authority (ELSTAT).
Posted On 18 Oct 2022
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Demand for Greece Lifts Restaurant and Hotel Turnover in July

Restaurants and hotels in Greece benefited from the strong tourist flows in July reporting an increase in turnover by 33% and 59.7%, respectively.
Posted On 21 Sep 2022
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Tourism Boosts Greek Business First-half 2022 Turnover

Turnover for Greek businesses increased by 32.3% in the first six months of the year compared to pre-Covid 2019 driven by tourism, manufacturing and inflation, shows data by the Hellenic Statistical Authority (ELSTAT).
Posted On 15 Sep 2022
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Turnover for Greek Hotels and Restaurants Skyrockets in April-June

Strong tourist flows to Greece this year boosted Q2 turnover for hotels to 2.051 billion euros, up by 238.8% compared to Q2 2021.
Posted On 24 Aug 2022
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Restaurants, Hotels in Greece See Surge in June Turnover

Increasing tourism flows to Greece drove restaurant and hotel turnover in June up by 141.4% compared to the same month in 2021, according to data by the Hellenic Statistical Authority (ELSTAT).
Posted On 18 Aug 2022
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Forecasts See Greece Growth at 5.5% in 2022 Driven by Tourism

The Greek economy is forecast at growing by 5.5% in 2022, driven by tourism, despite the consequences of the Covid-19 pandemic, says independent economic research company Capital Economics.
Posted On 14 Jun 2022
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ELSTAT: Greece Economy Bounces Back in Q3 Driven by Tourism

Strong tourism performance helped Greece’s economy rebound in the third quarter of the year despite the ongoing Covid-19 pandemic, says ELSTAT.
Posted On 07 Dec 2021
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Study: Greece Could Do Better to Make Taxation Competitive

Greece still has a long way to go in terms of tax competitiveness, ranking 29th among 36 countries, according to the OECD.
Posted On 15 Oct 2020
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OECD: Covid-19 Effect on Tourism to Last Throughout 2020

The impact of the coronavirus health emergency on global tourism is expected to last throughout the year, according to a study by the OECD.
Posted On 27 Mar 2020
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Athens, Syntagma square. Photo: Visit Greece / H. Kakarouhas
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Tax Policies Taking Toll on Greece’s Competitiveness

Greece is once again lagging behind in competitiveness hindered by its inflexible tax policies, according to the International Tax Competitiveness Index 2019.
Posted On 03 Oct 2019
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Greece Tumbles Near to Last on IMD Competitiveness List

Greece still needs to do plenty to become a competitive economy, as the country is almost last on the IMD World Competitiveness Ranking list for 2019, at number 58 out of 63 world economies.
Posted On 30 May 2019
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pixabay
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OECD: Steep Taxation Taking Toll on Greece’s Growth

Heavy taxation continues to be the leading obstacle to growth in Greece, according to data released by the Organization for Economic Cooperation and Development (OECD).
Posted On 17 Jan 2019
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Greece Almost Last on IMD’s 2017 Competitiveness Ranking

The tedious negotiations between Greece and its lenders have taken a toll on the competitiveness of the country, which ranks 57th among 63 countries.
Posted On 01 Jun 2017
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Greece Economy Suffers, Business Creation Down by 50%

Tourism aside, Greece is still unable to restore its ailing economy to health, according to a 50% drop in the number of new companies established in 2016.
Posted On 02 Feb 2017
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