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Receipt losses near 5 bln in first six months as June tourism figures disappoint
EconomyMacroeconomyGreece’s travel balance came to 27.9 million euros in June from 2.36 billion a year ago, Bank... came to 64.3 million euros for the month, falling by 97.5 percent YoY. Travel payments also... to 251.10 euros. Travel receipts from the 27 European Union (EU 27) countries fell by 97.8 percent YoY
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Current account shows surplus of 79.7 mln in August
EconomyMacroeconomybalance came to a surplus of 1.61 billion, down by 63.8 percent YoY. The travel balance showed a surplus of 1.32 billion, dropping by 65.9 percent YoY. The travel balance for last year came to 3.87 billion meaning that in August this year, around 2.55 billion euros were stripped from the travel balance
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Current account shows deficit of 498.8 mln in September on declining services and oil receipts
EconomyMacroeconomy). The services balance came to a surplus of 1.07 billion, down by 66.2 percent YoY. The travel balance showed a surplus of 776.5 million, dropping by 70.9 percent YoY. The travel balance for last year came to 2.67... the travel balance. Travel receipts came to 825.5 million, dropping by 71.4 percent as foreign visitor
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Current account shows deficit of 1.26 bln in November
EconomyMacroeconomyof 425.6 million, down by 24 percent YoY. The travel balance showed a surplus of 40.4 million, dropping by 62.9 percent YoY. The travel balance for last year came to 108.8 million meaning that in November this year, around 68.4 million euros is missing from the travel balance for the month. Travel
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Current account deficit hits €11.2 bln in 2020 after tourism collapse
EconomyMacroeconomyfell to 7.27 billion euros, a decline of 65.6 percent. The travel surplus dropped by 77.2 percent to 3.51 billion. Travel receipts fell by 76.5 percent to 4.28 billion euros, compared to 18.2 billion.... Travel payments showed a fall of 72.1 percent to 766.2 million euros. Specifically, travel receipts have
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Current account shows deficit of 1.46 bln in March as imports rise
EconomyMacroeconomy, down by 21 percent YoY. The travel balance showed a surplus of 9.1 million, dropping by 71.7 percent YoY. The travel balance for last year came to 32.5 million meaning that in March this year, around 23.3 million euros have been lost from the travel balance for the month. Travel receipts came to 33.9
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Newsletter 104 - 27/01/2017
in the current taxes on income and wealth by 19 percent. Travel receipts see double-digit drop in November Average expenditure per trip falls by almost a quarter to 285.5 euros Travel receipts fell by 6.6 percent to 13.03 billion in the 11 months up to November. Travel receipts declined at the double
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomy. This improvement originated from the travel balance, which increased by just under 16 percent to a surplus of 3.22... percent, while non-oil imports rose by 12.7 percent. As mentioned, the travel balance came to a surplus of 3.22 billion in July, rising by 15.9 percent YoY. For the same period last year, the travel
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Newsletter 221 -27/09/2019
that the measures risk turning Greece into a country of cheap and devalued labour. Travel balance up... travel balance rose to 3.40 billion euros in July from 3.10 billion a year ago, Bank of Greece (BoG... billion euros for the month, increasing by 11.1 percent YoY. Travel payments also increased by 37
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Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
EconomyMacroeconomya deterioration in the travel balance and the services balance overall, which was partly offset... in June. The travel balance showed a surplus of 27.1 million, dropping by 98.8 percent in what is normally the start of Greece’s high tourism season. The travel balance for last year came to 2.36 billion
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