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Credit expansion grows by 4.5 pct in Mar, driven by corporations -
Deposits reverse contraction in Mar with 1.67 bln growth -
Building permits start year strongly with 15.1 pct rise in Jan -
March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation -
Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
Data for 2022 confirms tourism's full recovery, with nearly 30 mln visitors
The Bank of Greece released on Tuesday the summary travel data for 2022, re-affirming that last year came close to recovering all losses suffered from the pandemic with travel receipts reaching 17.68 billion euros, just half a billion short of the 18.18 billion euros earned in 2019.
This came after a collapse to 4.32 billion euros in 2020, and an only partial recovery of receipts in 2021 with 10.5 billion euros. This is a significant overperformance from the Finance Ministry’s assumption for last year’s budget that 2022 would fetch...
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