Daily Overview of Global Markets & the SEE Region (Thursday, August 04, 2016)

Banking, Company Profiles, Finance, Maritime Tourism, Markets, News, Person Profiles, Reports, Statistics, Stock Markets, Tourism — By on August 4, 2016 at 10:06 AM
Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

WORLD ECONOMIC & MARKET DEVELOPMENTS

GREECE: According to a report issued yesterday by the Greek Tourism Confederation (SETE) the tax increases that were imposed during the last 12 months have led to a higher than 10%  loss of competitiveness of the Greek tourism product. However, customer satisfaction in terms of the services offered by Greek hotels remains significantly higher than that of competitive destinations overtime.

SOUTH EASTERN EUROPE

CYPRUS: Tourist arrivals increased by +21.2% YoY in Jan-June 2016.

SERBIA: Lending to corporates and lending to retail expanded by 1.2% MoM and 1.4% MoM respectively in June.

 

Viewers can log herebelow and read the full report: Daily Overview August 4 2016

Tags: , , , , ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 15 + 2 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback