Primary cash balance deficit at 17.82 bln in 2020
Current account shows deficit of 1.26 bln in November
Industrial turnover drops by 2.9 pct in November
Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
Building permits drop by 4.9 in October
Unemployment at 16.7 pct in October, unchanged from October 2019
Travel surplus up to Oct down by 78.2 pct as receipts plummet
Greece’s travel balance in October came to a surplus of 472.2 million euros from a surplus of 1.2 billion a year ago, a drop of 60.7 percent year-on-year (YoY).
With Greece entering a lockdown due to the second pandemic wave in the first week of November and the rest of Europe also impacted by a sharp rise in Covid-19 cases, October is de facto the end of the season for the travel industry in Greece.
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