Greek Q3 Hotel, F&B Services Turnover Hit Hard by Covid-19

By admin 23 Νοεμβρίου 2020 No comment

Photo: GTP Greek hotel and F&B services providers saw turnover plunge in the third quarter (Q3) of the year hit hard by the Covid-19 shock with losses coming to 3.2 billion euros, the Hellenic Statistical Authority (ELSTAT) recently announced. More specifically, accommodation sector Q3 turnover slumped by 61.4 percent to 1.56 billion euros against the

Greek Accommodation, F&B Services See August Revenue Tumble

By admin 21 Οκτωβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Accommodation and food & beverage (F&B) businesses in Greece saw revenues plummet in August as a result of Covid-19 disruption, according to the latest data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). More specifically, turnover in August 2020 for accommodation enterprises (with double-entry bookkeeping) came to 540,422,134 euros, down by

Attica Region Announces SME Covid-19 Funding Scheme

By admin 12 Οκτωβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Athens © GTP Small and medium-sized businesses impacted by the coronavirus (Covid-19) pandemic will be able to tap into a support package of 200 million euros, the Attica Region announced this week. More specifically, the support scheme to run through the Attica Region provides eligible parties with working capital ranging from 5,000 euros to 50,000 […]

National Bank of Greece Sees Upturn in July-Aug Economic Activity

By admin 25 Σεπτεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Economic activity in July and August recorded an upturn with a positive impact of tourism, according to tentative data released by the National Bank of Greece (NBG). More specifically, the number of international arrivals at Athens International Airport in the aftermath of the Covid-19 restrictions slowed down the contraction to -66.2 percent in August from […]

Covid-19 Hits Greek Accommodation & Food Services in Q2

By admin 23 Σεπτεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Greece’s accommodation and food services activities in July suffered the biggest blow to turnover down by 71.4 percent as a result of the coronavirus (Covid-19) pandemic, according to the latest data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). More specifically, turnover for F&B services in July 2020 came to 117,622,266 euros, down by […]

Report: Greek SMEs Feel the Covid-19 Effect

By admin 6 Αυγούστου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo Source: athensattica.com/ The outbreak of Covid-19 impacted Greece’s small and medium-sized businesses (SMEs) as much as the economic crisis in 2009 and the capital controls imposed in 2015, according to a report released this week by the National Bank of Greece. More specifically, the SME confidence index fell in the first half of 2020 […]

Covid-19: Greece Boosts Support Actions for Businesses and Workers

By admin 30 Μαρτίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

The Hellenic Parliament. Photo Source: @PressParliament / © Aliki Eleftheriou In an attempt to keep the economy afloat in the aftermath of the coronavirus crisis, the Greek government announced on Monday, additional support measures for some 800,000 businesses, 1.7 million private-sector employees and 700,000 self-employed and small business owners. “We are implementing