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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..., increasing by 40 percent year-on-year (YoY). Travel payments also rose by 53.2 percent and came to 252 million. The travel balance for the month reached a surplus of 13.8 million euros compared to a 25.4
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomyGreece’s travel balance for 2018 recorded a surplus of 13.90 billion euros, increasing by 9.2... of Greece (BoG). The rise was driven largely by a 10 percent increase (+1.46 billion euros) in travel receipts compared to travel payments, which rose by 15 percent or 286 million. Foreign visitors were
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek PoliticsGreece has welcomed the European Commission’s guidance on travel and tourism as a first step... aspects of travel was greeted with relief by the government and representatives of the tourism industry..., and which destination countries including Greece had opposed as setting a barrier to air travel
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Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
EconomyMacroeconomyYoY to stand at 386.3 million euros in April. The travel balance showed a very slight surplus of 4.6 million, dropping by 97.8 percent against last year’s figure of 211.1 million. Travel receipts came to 7.3 million, dropping by 98.7 percent as foreign visitor arrivals dropped by 96.2 percent. Travel
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomy). The services balance shrank by 81.7 percent YoY to stand at 328.2 million euros in May. The travel balance... billion. Travel receipts came to 13.1 million, falling by 99.2 percent as foreign visitor arrivals declined by 97.7 percent. Travel payments came to 4 million, also down 98.2 percent. These sharp declines
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Newsletter 279 - 05/03/2021
to the rules on movement for various activities which limit the range of travel for exercise... on peoples’ stated reasons for travel. The announcements provoked an outraged response by all... for various activities which limit the range of travel for exercise and shopping. to impose more
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Newsletter 266 -18/09/2020
forecasts. 2 Current account deficit at 874.5 mln in July Sharp drop in travel receipts drives... of goods and primary and secondary income accounts. The travel balance showed a surplus of 516.4 million, dropping by 85.1 percent YoY. On an aggregate basis, the travel surplus dropped by 90 percent
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyGreece's travel receipts rose by 9.1 percent in January, after a modest increase of 1 percent in December, according to the Bank of Greece (BoG). The absolute figures showed travel receipts stood at 169.7 million euros in January 2015 from 155.5 million last year. Travel payments displayed a slower
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyGreece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG... million, leading travel surplus down by 60.6 percent to 15.3 million. The revenue drop is fully due... breakdown of travel revenues showed mixed trends among the five key countries. Receipts from Russia
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Strong travel balance brings current account surplus to 1.83 bln in August
EconomyMacroeconomyto 3.83 billion euros. The main driver behind this was the travel balance, which grew by 18.5 percent to 3.36 billion euros. The growth stemmed from a rise in travel receipts by 16.4 percent to 3.52 billion, while travel payments fell by 14.3 percent to 165.7 million. A 14.3 percent rise
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