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ECONOMY
-Compensation payable by insurance companies for property damage inflicted during the summer wildfires in Greece is estimated at almost 49 million euros, a report by the Hellenic Association of Insurance Companies (HAIC) reveals.
– Seven out of ten self-employed people in Greece declare incomes lower than 780 euros per month, or 10,920 euros per year, according to the Independent Public Revenue Authority (AADE).
CAPITAL MARKET
The listed companies’ cash distributions to their shareholders reached 3 billion since the beginning of the year, Naftemporiki reported.
TRAVEL
Greece is the fifth most popular European destination for trips that Europeans intend to make between now and spring of 2024, according to the European Travel Commission’s (ETC) latest report, ‘Monitoring Sentiment for Domestic and Intra-European Travel.’
-Short-term rentals (STRs) booked through online platforms comprise 21.5% of all overnight stays by tourists in Greece, a research report produced in collaboration with the Athens University of Economics and Business (AUEB). The region of Attica accounts for 16-20% of overnight stays.
REAL ESTATE
Israelis scour Thessaloniki‘s real estate market for housing in the shadow of the war in Gaza, Oikonomikos Taxydromos reported. Strong demand also exists for Athens. Cyprus, due to its proximity to Israel, is a country in first place, followed by Greece. In 2022 a historical record of arrivals from Israel to Greece was recorded, reaching 722,549 visitors. In Thessaloniki, 11% of overnight stays were from Israelis.
