With tourism even during the waning COVID-19 pandemic propelling a rebound set to bring growth of 5.3 percent in 2022, rising energy costs and soaring inflation will put the brakes on in 2023.Source...
Even three international bailouts of 326 billion euros ($323.55 billion) from 2010-18 couldn’t hold down Greece’s debt but it brought conditions to keep spending in line with revenues the New...
06/10/2022
Greece has promised to return to a budget surplus in 2023, submitting its first spending blueprint in 12 years that is not under the direct scrutiny of European bailout lenders.Source: The National...
05/10/2022
Greece is anxious that Russia may slow the flow or pull the plug on energy supplies in retaliation for European Union sanctions over the invasion of Ukraine, but Russian Liquefied Natural Gas (LNG)...
04/10/2022
Tourism is leading Greece’s accelerating recovery during the waning COVID-19 pandemic – it’s the country’s biggest revenue engine – but the comeback is being aided by transport and trade too.Source...
03/10/2022
No longer a jumping-off point to get to the islands, Athens has become a tourist lure with coffee shops, funky neighborhoods, and areas easy to walk, foreign visitors still packing the city as autumn...
30/09/2022
On a path to bust records for foreign visitors and revenues – even during the waning COVID-19 pandemic – Greece marked World Tourism Day celebrating its success but saying the business would need...
29/09/2022
The European Commission should set up an 80-billion-euro fund to deal with the fallout from high natural gas prices, Environment & Energy Minister Kostas Skrekas proposed to EU officials.Source:...
28/09/2022
Happy Days are here again in Greece even during the waning COVID-19 pandemic because a tourist-driven economy will bring 6 percent growth, said Bank of Greece Governor Yannis Stournaras.Source: The...
27/09/2022
Greece tourism is hot but it will be too hot by 2027 to keep coming, the weather becoming too uncomfortable and climate change sending people looking for cooler destinations in summer, a British...
26/09/2022