Category: MONEY

busses

Commission approves €21 million Greek scheme to support operators of tourist buses and trains affected by coronavirus outbreak

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The European Commission has approved a €21 million Greek scheme to support operators of tourist buses and trains affected by the coronavirus outbreak. The measure was approved under the State aid Temporary Framework. The support, which will take form of direct grants, is intended to mitigate the impact on the beneficiaries of the restrictive measures […]

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eu

Commission prolongs and further expands Temporary Framework to support economy in context of coronavirus outbreak

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The European Commission has decided to prolong until 31 December 2021 the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. The Commission has also decided to expand the scope of the Temporary Framework by increasing the ceilings set out in it and by allowing the conversion of […]

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UBS

UBS: Market optimism boosted by vaccine progress and impact of US election results

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Investors are increasingly optimistic about their regional economic outlook and the equity markets, according to UBS’s new Investor Sentiment survey, which polled more than 4,000 investors and business owners across 14 markets globally in late December and January. A majority of survey respondents (60%) have a positive economic outlook over the next 12 months, compared […]

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photo EC

State aid: Commission prolongs and expands Temporary Framework to further support companies facing significant turnover losses

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The European Commission has decided to prolong and extend the scope of the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. All sections of the Temporary Framework are prolonged for six months until 30 June 2021, and the section to enable recapitalisation support is prolonged […]

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imf

IMF: Fiscal Policies to Contain the Damage from COVID-19

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In its recent publication, the IMF suggests the appropriate Fiscal Policies to contain and mitigate the damage from COVID-19. In times of pandemic, fiscal policy is key to save lives and protect people. Governments have to do whatever it takes. But they must make sure to keep the receipts. So far, countries have taken fiscal actions […]

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Baird/STR Hotel Stock Index fell 11.7% in February

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The Baird/STR Hotel Stock Index fell 11.7% in February to a level of 4,296. Year to date through the first two months of 2020, the stock index dropped 18.5%. “Hotel stocks fell off a cliff at the end of the month due to mounting COVID-19 concerns domestically, and the broader stock market correction has disproportionately […]

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Posidonia

POSIDONIA 2020 on track to be the biggest ever

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The 2020 Posidonia exhibition is on track to set new records in exhibitor numbers and floor space for its upcoming edition this summer, as the world’s most prestigious exhibition in the biennial maritime calendar is entering its sixth consecutive decade of continuous service to the ocean-going Greek shipping community and the international maritime industry. Between […]

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HSBC

HSBC Navigator: 9 out of 10 Greek businesses are expecting growth in the next 5 years

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After ten years of challenging economic conditions, Greek businesses are optimistinc about their future growth potentials and their outlook for international trade according to the latest HSBC ‘Navigator: Now, next and how’ survey of over 9,100 companies in 35 countries and territories, amongst them Greece. But the survey also reveals that businesses seem to adopt […]

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yacht

The application for Recreational and Daily Tour Cruise Ships Fee, is available

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The Independent Authority for Public Revenue (IAPR) announces that as of today, 09/05/2019, it is available on its website, in the eTEPAI section, the electronic application of TEPAI (Recreational and Daily Tour Cruise Ships Fee). The application is also available in English. Payment of TEPAI can be made by all available electronic means. TEPAI concerns […]

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