Greek Growth Strategy: Proactive Actions Needed to Bolster Tourism Sector

By admin 30 Νοεμβρίου 2020 No comment

Airport, marina and road infrastructure upgrades, revised spatial planning regulations, and diversifying the Greek tourism product are the top priorities for the tourism sector laid out in a 10-year roadmap for economic recovery which is up for public consultation. Recommendations by the so-called “Pissarides committee” – headed by Nobel Prize-winning economist Christopher

Pissarides Recovery Plan for Greece Proposes Uniform Taxation

By admin 30 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo source: Hellenic Parliament A single taxation policy for all incomes is at the center of a 10-year plan for Greece’s economic recovery that has opened for public consultation. The 244-page roadmap, based on recommendations of a committee headed by Nobel Prize-winning economist Christopher Pissarides, lays out actions aimed at boosting incomes through improved

Covid-19 Pushes Unemployment in Greece Up to 18.3% in June

By admin 10 Σεπτεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Greece’s unemployment rate rose to 18.3 percent in June from an upwardly revised 17.3 percent reading in May, according to data from the Hellenic Statistical Authority (ELSTAT). “In June, the labor market was affected by the continuation of the suspension of operation (full or partial) of businesses in certain sectors of the economy, i.e. seasonal […]

Eurostat: Greece Unemployment at 17% in May

By admin 1 Σεπτεμβρίου 2020 No comment

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The Hellenic Parliament in Athens. Greece’s jobless rate increased from 15.7 percent in April 2020 to 17 percent in May, according to the latest data released by Eurostat, the EU’s statistical service, on Tuesday. Hardest hit were the young under 25, with the unemployment rate reaching 37.5 percent in May against 32.6 percent in April. […]

Greece Extends Labor Contract Suspension Period for Covid-hit Tourism Businesses

By admin 10 Αυγούστου 2020 No comment

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The Greek government announced on Monday that tourism business employers impacted by the coronavirus (Covid-19) pandemic will still be able in August and September to suspend employee contracts in an attempt to cushion the financial blow. According to the labor ministry, the special provision to the law applies to private sector companies active in the […]

Greece Tables 14-point Growth Plan for Consultation

By admin 4 Αυγούστου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

The Hellenic Parliament. Photo Source: @PressParliament / © Aliki Eleftheriou The Greek government tabled a 14-point interim growth plan for public consultation on Monday, which includes among others the recommendations for the overhaul of the country’s pension system. Prepared by a committee headed by Nobel Prize-winning economist Christopher Pissarides, the 122-page