Deputy PM sees coun­try back in mar­kets in 2017

Kathimerini English - - Focus -

Greece’s deputy prime min­is­ter said yes­ter­day the coun­try could re­turn to in­ter­na­tional bond mar­kets this year if the cur­rent im­passe with the bailout cred­i­tors is re­solved quickly. Yian­nis Dra­gasakis told a fi­nan­cial con­fer­ence at Del­phi that Greece could hold a 2017 “test auction” if ne­go­ti­a­tions with res­cue lenders for the next round of loan pay­ments are con­cluded “in the next few weeks.” which adds about $30 bil­lion to Turkey’s gross do­mes­tic prod­uct each year, has been ham­mered by at­tacks blamed on Is­lamic State and Kur­dish mil­i­tants that have scared away tourists over the past year. Sum­mer book­ings from Ger­many to Turkey were down 58 per­cent at the end of Jan­uary from a year ear­lier. “Greece is clearly ben­e­fit­ing from that, and Egypt as well,” Do­erte Nord­beck, head of Travel & Lo­gis­tics Ger­many at GfK, told jour­nal­ists at a news con­fer­ence ahead of the world’s big­gest travel fair in Ber­lin next week. Ger­mans’ sum­mer book­ings for Greece were 67 per­cent higher than a year ago by the end of Jan­uary, and the coun­try has now re­placed Turkey as Ger­mans’ sec­ond-most pop­u­lar hol­i­day desti­na­tion af­ter the Balearic is­lands, she said, cit­ing book­ing data from travel agen­cies and on­line por­tals. Tour op­er­a­tor TUI had said in Jan­uary that it had added around 40 per­cent more ca­pac­ity

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.