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  1. Greek tourism's long-term growth prospects are good, report shows

    EconomyMacroeconomy

    The direct contribution of travel and tourism to Greek GDP reached 13.3 billion euros (7.6 percent... economic report of the World Travel and Tourism Council (WTTC). The long-term forecast points to a 4... percent of GDP. The report shows that the total contribution of travel and tourism to GDP, including

    12%
  2. Newsletter 259 -24/07/2020

    Newsletters

    and greater efforts to pursue corruption cases. Travel balance falls by 99.3 pct in May Hoteliers staring at big drop in turnover as liquidity calls grow Greece’s travel balance fell to 9.1 million..., falling by 99.2 percent YoY. Travel payments also decreased by 98.2 percent and came to 4 million

    12%
  3. Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct

    Economy

    The rate of increase in Greece's travel receipts significantly decelerated to 0.8 percent in May... to receipts of 1.07 billion euros. Travel payments, meanwhile, fell 11 percent in May to 173 million. As a result, the travel surplus improved by a modest 3.4 percent in May, rising to 898 million

    12%
  4. September current account surplus at 550.8 mln as goods deficit increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The travel balance meanwhile showed a slight improvement of 0.8 percent to a surplus of 2.28 billion. Both... by 11.3 percent. In absolute terms, imports came to 4.63 billion and exports to 2.56 billion. The travel balance stood at a surplus of 2.28 billion in September. For the same period last year, the travel

    12%
  5. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    1.37 billion a year ago, or an increase of 30.7 percent YoY. The travel balance also showed... and exports to 3.02 billion. The travel balance stood at a surplus of 1.25 billion in October. For the same period last year, the travel balance came to a surplus of 1.03 billion. Travel receipts edged

    12%
  6. November current account deficit at 1.41 bln as import value outstrips exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , or an increase of 38.5 percent YoY. The travel balance also improved strongly, with the surplus... totalled 2.98 billion. The travel balance stood at a surplus of 174.8 million in November. For the same period last year, the travel balance came to a surplus of 100.7 million. Travel receipts grew notably

    12%
  7. August current account shows surplus of 1.56 bln as deficit in primary income account grows
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    million or 1.6 percent YoY to 3.80 billion, due to a decline in the other services balance. The travel..., while non-oil imports rose by 11.5 percent. The travel balance stood at a surplus of 3.44 billion in August, rising by 1.4 percent YoY. For the same period last year, the travel balance came

    11%
  8. Newsletter 191 -25/01/2018

    Newsletters

    travel balance shows rise of 73.5 percent The Labour Ministry's Computer Centre for Social Security.... On a different fiscal front, Greece’s travel balance grew by 73.5 percent in November following a rise of 21.4... for the month, increasing by 42.5 percent year on year (YoY). Travel payments also rose by 18 percent

    11%
  9. December current account deficit at 1.51 bln and 5.28 bln for 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    . The travel balance deteriorated during December, with the surplus falling by 45.6 percent... billion euros. The travel balance stood at a surplus of 13.8 million in December. For the same period last year, the travel balance came to a surplus of 25.4 million. Travel receipts grew by 40 percent

    11%
  10. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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

    11%