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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomy. This was mainly caused by lower net travel receipts. In December, while travel receipts rose by 0.8 percent despite a slight fall in international arrivals, this was offset by a 26.5 percent rise in travel... a strong performance in the underlying subaccounts. Travel receipts rose by 10.5 percent to 14.60 billion
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Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
EconomyMacroeconomyThe balance of travel services came to a surplus of 12.73 billion euros for the full year in 2017... by a 10.8 percent increase (1.43 billion) in travel receipts, compared to travel payments which... a positive impact on travel receipts. Receipts were also boosted by a rise in expenditure per overnight
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomyand came to 251 million euros, mainly driven by lower net services and travel receipts. Travel receipts... percent in February. Travel payments rose by 37.7 percent, leading to a travel services deficit of 6.9... was due to the two-month travel balance falling by 79 percent to 6.9 million, even though international
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April current account deficit at 1.34 bln as goods deficit grows
EconomyMacroeconomynet travel receipts. Travel receipts rose by 7.2 percent to 1.62 billion in April, meaning... offset a rise in travel payments, which increased by 37.8 percent to just under 300 million euros. This brought the travel surplus to 190 million, a decline of 29 percent compared to the same time last
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June current account shows surplus of 208.8 million as imports outpace exports
EconomyMacroeconomypercent to 2.58 billion, driven almost entirely by the travel balance. The primary income balance... in the travel balance. Travel receipts rose by 16 percent to 2.33 billion in June, driven by a 22.3 percent rise in international arrivals. The rise in receipts comfortably offset a rise in travel
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Current account deficit widens in March due to deteriorating goods trade balance
EconomyMacroeconomyof close to 54 percent YoY. The travel balance remained broadly stable, with the surplus at 95.... Excluding oil and ships imports came to 3.51 billion, from 3.43 billion in March last year. Travel... by 9 percent. Travel payments jumped by 53 percent YoY to 224 million. On an aggregate basis, the C
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Current account deficit drops in April on improved goods and services balance
EconomyMacroeconomya rise of 12.7 percent YoY. The travel balance stood at a surplus of 200.3 million, declining by 4.1... percent at current prices. Travel receipts increased by 6.9 percent and stood at 537.1 million euros. Travel payments also rose by 14.6 percent YoY to 336.8 million. On an aggregate basis, the C/A deficit
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomy, representing a rise of 5.1 percent YoY. The travel balance stood at a surplus of 1.36 billion, rising.... This is equal to a rise of 19.6 percent at current prices. Travel receipts increased by 9.3 percent and stood at 1.61 billion euros. Travel payments also rose by 18.4 percent YoY to 244 million
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Newsletter 216 -26/07/2019
surplus confirmed at 381 mln in June May travel balance shows drop in aggregate visitor numbers... the target by 147 million, leading to a PIB deficit of 419 million euros. Meanwhile, Greeceās travel..., increasing by 9.3 percent year-on-year (YoY). Travel payments also increased by 18.4 percent
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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomya rise of 13.3 percent YoY. The travel balance stood at a surplus of 2.42 billion, rising by 15.7... billion euros last year, a drop of 14.4 percent. Travel receipts increased by 16.4 percent and stood at 2.62 billion euros while travel payments also rose by 25.3 percent YoY to 196.5 million
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