Greece Sees Economic Sentiment Rise in October

By admin 30 Οκτωβρίου 2020 No comment

Athens, Syntagma square. Photo: Visit Greece / H. Kakarouhas The economic climate in Greece appears to have improved in October, according to the European Commission’s (EC) monthly analysis, which also reports a slowdown in eurozone recovery. More specifically, the country’s Economic Sentiment Indicator (ESI) increased in October to 92.3 points from 89.5 in September. The

Sojern: Travelers Have Sights Set on Greece Despite Covid-19

By admin 30 Οκτωβρίου 2020 No comment

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Photo: GTP Potential travelers still have their sights set on Greece in the coronavirus era as inbound flight searches to key European markets continue to remain stable, according to digital travel solutions provider Sojern. Citing data collected on 27 October 2020, Sojern said Greece together with Spain continue to have the strongest levels of travel […]

Air Travel Normality Essential for Greek Tourism’s Recovery

By admin 29 Οκτωβρίου 2020 No comment

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The future of Greek tourism in the aftermath of the coronavirus (Covid-19) pandemic depends a great deal on the recovery of air travel, as well on a number of other factors, Alpha Bank analysts said on Monday. Providing an analysis of January-August 2020 tourism data, Alpha Bank’s weekly bulletin showed that during the first eight […]

Eurostat: Greece Saving Jobs Despite Covid-19 Market Shock

By admin 29 Οκτωβρίου 2020 No comment

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The Hellenic Parliament. Photo Source: @PressParliament / © Aliki Eleftheriou Greece has managed despite the far-reaching implications of the Covid-19 pandemic to protect jobs in the second quarter (Q2) of the year, according to findings presented this week by Eurostat, the EU’s statistical services. More specifically, Eurostat presented the first experimental results

Telework Gaining Ground Among Employees in the Coronavirus Era

By admin 27 Οκτωβρίου 2020 No comment

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An overwhelming majority of employees working from home in the coronavirus (Covid-19) era want to be able to choose between remote work and the office once restrictions ease. According to research by Cisco Systems, nearly nine in 10 workers (87 percent) want greater ownership in defining how and when they use office space – favoring […]

Rebound in International Tourism Expected by Q3 2021, Says UNWTO

By admin 27 Οκτωβρίου 2020 No comment

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Photo source: UNWTO The World Tourism Organization (UNWTO) on Tuesday said it foresees a rebound in international tourism next year, mostly in the third quarter of 2021. However, around 20 percent of its experts suggest the rebound could occur only in 2022. “Travel restrictions are seen as the main barrier standing in the way of […]

Almost 200 European Airports May Face Insolvency Due to Crisis in Air Travel

By admin 27 Οκτωβρίου 2020 No comment

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An estimated 193 airports may face insolvency in the coming months if passenger traffic does not start to recover by year end, ACI Europe said on Tuesday. These airports facilitate 277 thousand jobs and 12.4 billion euros of European GDP. “The threat of airport closure means Europe faces the prospect of the collapse of a […]

Greece’s Jan-Sept Travel Arrivals by Road Tumble 76.1%

By admin 27 Οκτωβρίου 2020 No comment

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Promahonas checkpoint. Photo Source: @EODY Arrivals to Greece by road in the first nine months of 2020 dropped by 76.1 percent and reached only 2.5 million compared to 10.3 million during January – September 2019. According to data published by SETE Intelligence (INSETE), during January – February 2020, before the Covid-19 lockdown in Greece, road […]

IOBE: 2021 Greek Economy Rebound Hinges on Covid-19 Vaccine

By admin 27 Οκτωβρίου 2020 No comment

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The Greek economy is expected to shrink by 8.0 percent this year due to the Covid-19 shock and by 10 percent if a new lockdown is imposed, putting hundreds of jobs at risk once relief measures are stopped, the Foundation of Economic and Industrial Research (IOBE) said recently. The country’s top think tank said on […]

Report: Over 200,000 Tonnes of Plastic Leak into the Med Every Year

By admin 27 Οκτωβρίου 2020 No comment

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Photo: joel sauce do sauce do/pixabay An estimated 229,000 tonnes of plastic is leaking into the Mediterranean sea every year, equivalent to over 500 shipping containers each day, a report by the International Union for Conservation of Nature (IUCN) found. Unless significant measures are taken to address mismanaged waste, this will at least double by […]