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).
Greeks place climate change fourth among the most serious problems in the world right now after the economy, poverty and fast-spreading disease, says a Eurobarometer survey.
Greek accommodation enterprises were back on track in July 2021, recording nearly 1 billion euros in turnover up by 230.3% compared to the same month last year.
The decision to ease Covid-19 restrictions and allow economic activity earlier this year, as well as the opening to tourists contributed to a recovery in Greek business turnover in the 2nd quarter of 2021.
Greek accommodation services providers saw turnover increase in the second quarter of the year by 452.3% over Q2 2020, according to the Hellenic Statistical Authority (ELSTAT).
Greece saw its GDP plunge by 15.2% in the second quarter of 2020 compared to the same period a year ago, affected by the Covid-19 pandemic, according to ELSTAT.
Prices for transport and accommodation increased in June, according to the Hellenic Statistical Authority, while Greece’s general consumer price index was up by 0.5%.
Greece’s accommodation services sector recorded a 37 percent decrease in its turnover index in the first quarter of 2019, compared to the same period last year.
Deteriorating optimism among the country’s entrepreneurs has landed Greece at the bottom of a list of 35 countries in the latest Grant Thornton International Business Report (IBR).
According to 30 percent of the world’s business executives, global growth is set to show signs of decline over the next 12 months, a PwC survey reveals.
