Tag: economy

Fitch Credit Ratings says Greece's outlook is "stable" 1

Fitch Credit Ratings says Greece’s outlook is “stable”

Greece’s credit ratings is “stable” and reflects a degree of confidence in the sustainability of public finances, after the shock to public finances and economic growth from the COVID-19 pandemic this year,…

Elections are not in the Greek PM's plans at the moment

Elections are not in the Greek PM’s plans at the moment

“At some point, obviously, there will be changes in the government,” Prime Minister Kyriakos Mitsotakis said during an interview on SKAI Radio, however, he added that he currently has no intentions of…

Hotel prices slash on Greek islands 3

Hotel prices slash on Greek islands

Research carried out by Ethnos, found that the law of supply and demand certainly applies with accommodation too. Due to coronavirus, prices have been slashed across all the Greek islands, but perhaps…

Greek PM on Bloomberg: 2021 is a year of strong recovery

Greek PM on Bloomberg: 2021 is a year of strong recovery

Prime Minister Kyriakos Mitsotakis expressed his belief that Greece, after the successful management of the coronavirus pandemic, can achieve an “extremely strong recovery in 2021.” His comments were made during an international…

air travel

Coronavirus: New rules for air travel in Greece

New health protocols to ensure that air travel in Greece is carried out as safely as possible for passengers and crew, during the post-Covid-19 period, were announced by the Greek Transport Ministry…

Turkey is now top 3 country at most risk of bankruptcy 13

Turkey is now top 3 country at most risk of bankruptcy

By continuing to occupy large areas of Cyprus, Syria and Iraq, funding jihadists groups in Syria and Libya, maintaining military bases in Africa, the Middle East and the Balkans, and violating Greece’s…

How Greek tourism may evolve in Covid-19 reality 15

How Greek tourism may evolve in Covid-19 reality

Consulting firm Deloitte Greece presented three alternative scenarios about how the landscape of the Greek tourism and hospitality industry might evolve in 2020 and 2021 in the new reality posed by the coronavirus pandemic.…

Monastiri's economy is collapsing without Greek tourists 20

Monastiri’s economy is collapsing without Greek tourists

The coronavirus pandemic confirmed that the fragile local economy of Monastiri (Μοναστήρι; Битола) in Greece’s neighbouring country now known as “North Macedonia”, depends largely on the attendance of Greek citizens, according to…

lira

Turkish banks on the verge of bankruptcy

Daily air violations of Greek airspace, the continued occupation of northern Cyprus, a failed invasion of Syria’s Idlib province, funding of the losing Muslim Brotherhood in Libya, and overseas military bases in…