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Tag Archives: decrease

Cruise ship arrivals to Greece down in 2017, says sector group

Greece is enjoying what’s being billed as the best tourism season ever, nevertheless the cruise ship sector is apparently not keeping up and, in fact, is purportedly showing a noteworthy decrease from 2016. According to initial reports, cruise ship arrivals are down by 24 percent from the same period last …

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Poverty and long-term unemployment are two Greek facts…

Poverty in austerity-hit Greece is a fact. According to the recently published EU data on Labor, incomes have dramatically decreased since 2010, since the country sought the ‘rescue’ via the International Monetary Fund. “Most affected by the income decrease are the vulnerable society groups. Real income in low income groups …

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Greece needs 20 years to re-create one million jobs lost to crisis

It’s time that we, the non-economists dealing with the Greek debt crisis, learn a new term. That’s “jobless growth” or “jobless recovery”. In short,  this term means that there is growth in an economy of a country, but people still get no jobs. Something like the phenomenon in modern Greece of …

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Greek Tourism Minister: V.A.T. in Restaurants/Catering to Decrease in 2013

One by one the governments’ pre-elections promises vanish in the air under the sober reality of yawning state cash registers. The Value Added Tax in the restaurants and other catering businesses will be decreased from 23% down to 13% not this year but … next year. So said Greek Tourism Minister …

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