Tag: Greece economy | Page 33

Lamda Presents Destination of the Future: Ellinikon Commercial Hub

Lamda Development will invest over 600 million euros in a new state-of-the-art commercial center at the former Athens airport on the city’s southern coast.

Posted On 08 Dec 2021

, By Maria Paravantes

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

, By GTP editing team

Eurogroup Approves Release of Next €767m Tranche for Greece

The Eurogroup has approved the release of 767 million euros in aid as part of Greece’s debt support program.

Posted On 07 Dec 2021

, By GTP editing team

OECD Forecasts 6.7% Growth for Greece in 2021

The Organization for Economic Cooperation and Development (OECD) is forecasting the Greek economy will grow at a rate of 6.7 percent this year and 4.8 percent in 2022.

Posted On 06 Dec 2021

, By GTP editing team

Greek Minister Wants to Create Framework for Tourism – Trade Activities

The time has come for Greece to set up a framework that will regulate the operation of tourism trade activity, according to Tourism Minister Vassilis Kikilias.

Posted On 01 Dec 2021

, By GTP editing team

Commission: Tourism Helping Greece Economic Recovery

Greece’s recovery is gaining traction driven in large part by the tourism sector, the European Commission said in its 12th enhanced surveillance report.

Posted On 25 Nov 2021

, By GTP editing team

Budget 2022: Tourism to Help Greece Meet Growth Goals

Greece has set its growth target for 2022 to 4.5 percent driven by a faster recovery this year as a result of strong tourist flows.

Posted On 23 Nov 2021

, By GTP editing team

Greek Hotels and Restaurants See Strong Upturn in Q3 Turnover

Hotels and restaurants in Greece saw turnover make a strong recovery in September and in the third quarter of the year compared to 2020.

Posted On 23 Nov 2021

, By GTP editing team

EU Raises 2021 Growth Forecast for Greece to 7.1%

The European Commission has revised its outlook for growth in Greece to 7.1 percent from its previous estimate of 4.1 percent.

Posted On 12 Nov 2021

, By Maria Paravantes

EBRD Projects 7% Growth for Greek Economy in 2021

The European Bank for Reconstruction and Development (EBRD) is forecasting 7% growth for the Greek economy in 2021 and 3.9% in 2022.

Posted On 09 Nov 2021

, By GTP editing team

Enhancing the Athens Tourism Experience a Ministry Priority

Ways of enhancing the Athens tourism experience were discussed during a recent meeting between Tourism Minister Vasilis Kikilias, municipal authorities and trade associations.

Posted On 09 Nov 2021

, By GTP editing team

BoG Forecasts 5% Growth for Greece in 2022 Driven by Tourism

The Greek economy can grow at a rate of 5% in 2022 if the tourism sector continues its strong performance, according to Bank of Greece Governor Yannis Stournaras.

Posted On 08 Nov 2021

, By GTP editing team

Moody’s Says Tourism Behind Greece’s Resilience to Covid-19

Greece’s resilience to the Covid-19 shock is a result of a strong tourism industry, according to credit agency Moody’s.

Posted On 26 Oct 2021

, By GTP editing team

Think-tank Expects 4% Growth for Greece in 2022

The Greek economy is slated to grow at a rate of 4% in 2022, according to the Foundation of Economic and Industrial Research (IOBE).

Posted On 25 Oct 2021

, By GTP editing team

FinMin: Greece Sets Ambitious Targets for 2022

Greece is on track for a strong economic recovery with the government’s policy focused on achieving sustainable and equitable growth, according to Greek Finance Minister Christos Staikouras.

Posted On 22 Oct 2021

, By GTP editing team

International Travel Flows to Greece Continue Steady Trend

International arrivals to Greece are maintaining the momentum of previous months marking a 110.5% increase in September compared to the same month a year ago.

Posted On 15 Oct 2021

, By GTP editing team

Tourism Comeback Boosts July Retail Trade in Greece

Stronger tourist flows to Greece in July stimulated retail trade with sales increasing by 13.3%, according to data by the Greek statistical authority (ELSTAT).

Posted On 13 Oct 2021

, By GTP editing team

SETE: Greek Tourism Should Team Up with Other Sectors to Bolster Economy

Tourism should involve other sectors in efforts to bolster the Greek economy, according to Greek Tourism Confederation (SETE) President Yiannis Retsos.

Posted On 13 Oct 2021

, By GTP editing team

Greek Firm GEK TERNA Sole Shareholder in Ellinikon Casino Project

Greek company GEK TERNA now stands alone in the development of the integrated casino complex at Ellinikon after US-based investors MGE decided to withdraw from the process.

Posted On 07 Oct 2021

, By Maria Paravantes