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Travel balance back to normal, but Apr C/A deficit of 1.62 bln impacted by goods deficit
EconomyMacroeconomyby a deterioration in the balance of goods. The improved tourism season started to reflect on travel... in April 2021. The travel balance started returning to normality and showed a surplus of 432.1 million... the pandemic began. Travel receipts came to 647 million euros, from 58.8 million euros in April last
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Travel receipts almost double, but current account deficit rises by 78 pct in 9M
EconomyMacroeconomyin deficit, from 1.91 billion euros in September last year. The travel balance showed a surplus... in September 2020 when the pandemic affected travel. Travel receipts came to 2.86 billion euros, from... deficit was 19.14 billion euros, from 14.52 billion euros in 2021. Up to September, the travel
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Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.31 billion euros in October, from 2.67 billion... billion euros in 2021, up roughly 16.7 percent year-on-year. Travel payments rose by 25.2 percent... the 498.3 euros of October 2019. Travel receipts from the 27 European Union (EU 27) countries
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Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 180 million euros in November, from 1.31 billion... euros in 2021, up roughly 15.9 percent year-on-year. Travel payments rose by 15.4 percent to 134 million... of November 2019. Travel receipts from the 27 European Union (EU 27) countries increased by 13.3 percent YoY
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Travel balance drops to 3.76 bln in July as expenditure per trip eases by 9.1 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 3.76 billion euros in July, compared to 2.86 billion... was 3.41 billion euros. This is the first drop in the travel balance since the pandemic affected 2020... year-on-year. Travel payments rose by 7.5 percent to 276.1 million euros. The number of arrivals
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Despite rising arrivals, reduced spending per trip leads to 1.7 pct drop in Aug travel receipts
EconomyMacroeconomyGreece's travel balance recorded a surplus of 4.02 billion euros in August, compared to 3.76..., the balance was 3.95 billion euros. This is the first back-to-back drop in the travel balance since... in 2023, down 1.8 percent year-on-year. Travel payments also dropped by 3.7 percent to 228.9 million
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PMI remains in growth territory in Nov amid supply disruptions and inflation
EconomyMacroeconomy. The client demand was both at home and from abroad as looser travel restrictions led to higher tourism... for a further uptick in client demand and increased stability in vendor performance. "Greek manufacturers
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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek Politicsthe tightening of EU-wide travel guidelines are causing further anxiety in the sector. In the coming... in the region came from hospitality, catering and travel in 2017, according to the tourism institute INSETE... percent YoY in April and travel receipts down 89.7 percent, and all hopes are now pinned on even a modest
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Travel balance posts surplus of 3.15 bln in H1 2017
EconomyMacroeconomyThe balance of travel services came to a surplus of 3.15 billion euros for the first half (H1... percent increase (236 million euros) in travel receipts. Travel payments edged down marginally by 1.1..., travel receipts rose by 6.2 percent to come to 4.08 billion, driven by a 6.7 percent rise in receipts
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomyGreece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3.... This brought the travel surplus to 13.8 million compared to 13.4 million for the same period last year... by 16.3 percent year-on-year to 252 euros. Travel receipts from the 28 European Union (EU 28) countries
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