Despite several optimistic outlooks and a visible-to-all rise in incoming tourism flows to Athens, the first five months of 2022 saw a 26.8% drop in capacity and a simultaneous 25.8% drop in revenue per available room, compared to the same five months in 2019, the Athens, Attica & Argosaronic Hotel Association said on Monday.
Thousands of refugees from Ukraine have been sent to so-called filtration camps, where they have been interrogated and then forced to resettle to Russia. Some Ukrainians escaped to Estonia. They told us their stories.
Economic sentiment deteriorated in Cyprus in June due to weaker business confidence in services, industry and retail trade. The Economic Sentiment Indicator (ESI) compiled by the University of Cyprus’ Economic Research Center (ERC) declined by 1.4 points in June dropping to 99.8 points compared with 101.2 points the month before.
The buyout of one of Greece’s major chocolate and confectionery manufacturers, Ion, has been approved by the Hellenic Competition Commission (HCC).
After months of scrutinizing photographs of the lunar surface, scientists have finally found the crash site of a forgotten rocket stage that struck the far side of the moon in March. They still do not know for sure which rocket the wayward debris originated from.
A late buying spree saved the day for the benchmark at Athinon Avenue on Tuesday after a weak effort to follow the growth posted by other markets in the eurozone very nearly failed to keep the main index in the black.
The health crisis and the unprecedented needs it has created have led to the public administration, business and society making leaps and bounds in their use of digital technology. What are the opportunities and challenges of this digital revolution?
Bulgaria said on Tuesday it was expelling 70 Russian diplomatic staff over espionage concerns and had set a cap on the size of Moscow’s representation as tensions between two countries that were once close allies fractured over Ukraine.
Finland’s President Sauli Niinisto said on Tuesday that Turkey has agreed to support Finland and Sweden’s joint membership of NATO, on the first day of the alliance’s summit in the Spanish capital Madrid.
The shortage of affordable, decent – or even any – housing for people working in the tourism sector on Greece’s islands is a well-known problem.