Displaying items by tag: greek economy

The contribution of tourism to the Greek economy totaled 18.63 pct a survey conducted by Grant Thornton for the Hellenic Chambers of Hotels said, adding that according to 2016 data, hotels contributed around 10 pct of GDP and 6.5 pct of employment in the country.

The European Statistical Body (Eurostat) revealed that Greece was the only EU country with negative growth, while the GDP had contracted by 1.2% in the 4th quarter.

The European Commission’s winter report on Greece projects a 2.7% growth rate in 2017, provided the fiscal adjustment program is strictly adhered to.