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Jan 2026
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Covid-19 impact on global tourism could reduce world’s GDP by $2.2 trillion

Even as tourism slowly restarts in an increasing number of countries, it remains at a standstill in many nations

Moody’s Investors Service downgrades 13 Turkish banks

The negative outlooks reflect the downside risks associated with a balance of payments crisis, which could lead to capital controls and restrictions on foreign currency outflows

Over 30 hotels set for auction across Greece

There is a rather wide range of starting prices on the banks’ platform with a number of hotels having a minimum price tag of €1 million attached to them

Greece 6th in lost VAT tax revenue for 2018, EC data shows (infographic)

Italy had the poorest performance in absolute numbers

Turkey gets unprecedented downgrade, crisis warning from Moody’s

Turkey’s standing with investors has suffered as Erdogan pursued an approach that prioritized growth above all else

Mitsotakis from Thessaloniki: The decisions for the Greek defense & the economy

The Greek Prime Minister presented a series of serious measures that address these two crucial issues

Fear & poverty in Turkey as pandemic hits Erdogan’s base

Turkish economists predicts impoverished Turks could double this year to 20 million & set back two decades of progress in narrowing inequality

Greek Finance Minister: Greek tourism follows the basic scenario

State budget revenues were up compared with initial targets

Porsche is selling so many all-electric Taycans, it’s borrowing hundreds of Audi workers to ramp up production

Along with Porsche, the Jaguar, Volkswagen, Audi, Lucid Air and more are poised to battle Tesla for the high-performance luxury electric market

Canada slashes imports of Cannabis, needs more stores to meet demand

The country's officials have been accused of cannabis "protectionism" due to not allowing medical marijuana imports

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