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.
