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Travel balance rises to 66 mln in January
EconomyMacroeconomyGreece’s travel balance rose notably in January with a surplus of 66 million compared to 13.5 million a year ago, Bank of Greece (BoG) data has shown.
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeaturesProperty investments from overseas parties have picked up in recent years in Greece, as illustrated by figures from the Bank of Greece (BoG) which showed that 1.35 billion euros worth of foreign property investments were made in Greece in 2018.
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Primary cash surplus at 832 mln in February
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 832 million euros in the first two months of the year, Bank of Greece (BoG) figures have shown.
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Budget primary balance at 823 mln in Feb, beating target with help of higher revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2018, down significantly against last year’s figure of 2.70 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday.
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Greece attracts strong interest and yield below 4 pct for first 10-year bond since 2010
EconomyThe positive sentiment around Greek sovereign debt, which has been evident since the turn of the year, manifested itself again on Monday when Greece opened the book-building process for a new 10-year benchmark.
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Budget primary balance confirmed at 729 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 729 million euros in the first month of 2019, beating the forecast by 832 million euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Tuesday.
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Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
EconomyFeaturesA study by the Institute of the Greek Tourism Confederation (INSETE) has projected that international tourist arrivals could drop by up to 7 percent in 2019.
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeaturesA survey by Grant Thornton Greece commissioned by the Hellenic Chamber of Hotels has indicated the alleged impact of the short-term rental market in Greece.
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Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
EconomyMacroeconomyGreece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent in November, Bank of Greece (BoG) data has shown.
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Primary cash surplus at 735 mln in Jan on expenditure and interest payment rise
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 1.95 billion euros year-on-year (YoY) to 735 million in January, Bank of Greece (BoG) figures showed on Wednesday.