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  1. Current account surplus reaches 1.68 bln in July thanks to services
    Photo by MacroPolis

    EconomyMacroeconomy

    to 3.34 billion euros is attributed to an improvement in both the travel and the transport balances. The travel services’ surplus in particular hiked 15.1 percent to 2.55 billion euros, mainly stemming from a broadly similar rise in travel receipts (+14.4 percent) on surging non-residents’ arrivals

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  2. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    receipts, while net transport and travel receipts increased at a slower pace. Specifically, travel...-residents’ arrivals by 15.6 percent. At the same time, travel payments fell by 22.9 percent to 138.5 million leading travel surplus to 54.7 million in December from just 4.8 million a year ago

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  3. Current account surplus at 1.57 billion in July, pushed by services balance
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    this was the travel balance, which grew by 6.6 percent to 2.74 billion euros on the back of travel receipts rising by 5.3 percent to 2.93 billion while travel payments declined by 9.8 percent to 190.2 million. The rise in travel receipts is fully attributable to international arrivals going up by 10.2

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  4. Newsletter 141

    Newsletters

    arrivals to rise by 1.2 million to 26 million visitors in 2017. In September, the travel balance... by strong services balance growth as travel receipts continue to increase Travel receipts rose by 15.5 percent to 2.47 billion for the month, while travel payments fell by 3 percent to 173.5 million

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  5. Newsletter 172 -27/07/2018

    Newsletters

    improvements to the running of the country. S&P keeps rating stable, outlook positive Travel balance shows... to manifest itself in the latest macroeconomic indicators from Greece. The travel balance rose.... Travel payments increased at a slower pace of 16 percent to 201.5 million. As a result, the travel

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  6. Newsletter 184 -23/11/2018

    Newsletters

    surveillance framework at the end of February. OECD sees GDP rising by 2.2 pct in 2019 Travel... record with figures from the Bank of Greece which showed that the travel balance edged up by 0.8... for the month, increasing by 0.3 percent year on year (YoY). Travel payments fell by 6.1 percent and came

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  7. Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    that the year already surpassed arrival predictions. In particular, the balance of travel services came... (+1.09 billion) in travel receipts, compared to travel payments which rose by 10.8 percent or 156..., though the average length per trip declined by 1.4 percent to 7.2 night. Receipts Travel receipts

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  8. Feb current account deficit at 990.4 mln as services balance improves
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The travel balance also showed an improvement, with the surplus growing to 51 million euros from 18.5... to 2.59 billion. As mentioned, the travel balance in February showed a notable YoY improvement. Travel... in international arrivals. Travel payments also increased by 10.7 percent YoY to 158.1 million

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  9. Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    and Bulgaria. Overnight stays increased by 10.2 percent YoY, and travel receipts came to 15.65 billion... and 52.2 percent of travel receipts. Just five regions attracted 81.9 percent of visits, 86.2 percent... with 549,000 visitors (+46.1 percent). Travel balance The latest travel balance from the Bank of Greece

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  10. Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    . The services balance dropped YoY by 126 million, reaching 1.63 billion euros in October. The travel balance.... However, travel receipts increased by 4.1 percent and non-residents’ arrivals rose by 1.9 percent... last year, a drop of 11 percent. As noted, travel receipts increased by 4.1 percent and stood at 1.44

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