7 results for keyword "Greece"

Article on tag "Greece"

Tourism Industry on the Path to Recovery in Summer, but Pre-Crisis Level Still a Long Way Off
Tourism Industry on the Path to Recovery in Summer, but Pre-Crisis Level Still a Long Way Off
(c) Unsplash

Tourism Industry on the Path to Recovery in Summer, but Pre-Crisis Level Still a Long Way Off

The travel and tourism industry is continuing its recovery. The number of overnight stays increased noticeably in what is now the second Corona pandemic summer, and travel figures paint a similar picture. However, pre-Corona pandemic levels are still a long way off, and the recent strong spread of the delta variant of the virus is also an uncertainty factor.

High noon in Greece and the trend to volatility
High noon in Greece and the trend to volatility
© iStock

High noon in Greece and the trend to volatility

Summary: The economic recovery in the developed economies is supported by the very expansive monetary policies, lower austerity pressure on the government front and among banks, and the fallen oil price. Growth rates remain moderate. In the emerging markets we can see signs of low-level stabilisation at best. The possible default of Greece, excessive interest […]