x

Economy

Greek Hospitality Sector Turnover Down 68.6% in February

ATHENS — Turnover by enterprises in the hospitality sector dropped 68.6 pct in February compared with the same month last year, with turnover among enterprises in the food service business falling by 55 pct in the month, Hellenic Statistical Authority said in a report on Tuesday.

For enterprises in the accomodation sector with mandatory book-keeping, accumulated turnover was 24,595,138 euros in February, down 68.6 pct from February 2020 (78,223,504 euros), while for enterprises in the food service sector accumulated turnover was 51,672,826 euros, down from 115,729,873 in February 2020.

Among the country's regions for the accomodation sector, Thessalonki (83.9 pct) recorded the biggest decline, while Mykonos (34.1 pct) the smallest and Zakynthos reported a 17.6 pct increase. For the food service sector, Magnesia (87 pct) recorded the biggest decline while Evia the smallest (23.8 pct).

RELATED

ATHENS - "The year 2022 will be one of historic records for both foreign direct investment in Greece and for exports," Finance Minister Christos Staikouras said on Tuesday during his speech at the "Naftemporiki" conference entitled "Greek Economy & Entrepreneurship: Challenges and Opportunities in an Unpredictable Future!" Referring to the performance of the Greek economy, he said this proved that entrepreneurship and the state, working together, were able to contain the unprecedented challenges to a satisfactory degree.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Hawaii’s Mauna Loa Starts to Erupt, Sending Ash Nearby (Video)

HONOLULU — Hawaii's Mauna Loa, the world's largest active volcano, has started to erupt for the first time in nearly four decades, prompting volcanic ash and debris to fall nearby, authorities said Monday.

ATHENS - The Internet may be slow and expensive in Greece but the New Democracy government is speeding the public sector away from using piles of papers and digital transactions are soaring in the private sector too.

STORRS, CT – The Center for Hellenic Studies ‘Paideia’ of the University of Connecticut gave a warm welcome to Greece’s Minister of Culture Lina Mendoni, who paid a visit to the Center on November 29.

Christian Pulisic scored while crashing headfirst into the goalkeeper in the 38th minute and the United States advanced to the knockout round of the World Cup with a 1-0 win over Iran on Tuesday night in a politically charged rematch of their famous meeting a quarter-century ago.

AL KHOR, Qatar — The Netherlands finished off the worst showing by any World Cup host nation by beating Qatar 2-0 on Tuesday.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.