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Primary cash balance deficit at 17.82 bln in 2020
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Current account shows deficit of 1.26 bln in November
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Industrial turnover drops by 2.9 pct in November
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Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln
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Building permits drop by 4.9 in October
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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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