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  1. Current account surplus at 1.21 bln in September on services balance growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros. The primary factor behind the improvement was the travel balance which increased by 17.2 percent to 2.30 billion euros. This was driven by travel receipts rising by 15.5 percent to 2.47 billion, while travel payments declined by 3 percent to 173.5 million. BoG cited an 11.8 percent rise

    46%

  2. Despite speculation, post-MoU credit line seems unlikely
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    EconomyProgramme

    lunch reportedly organised by Bundesbank president Jens Weidmann saw representatives of the Hellenic Bank Association, the four systemic lenders and Bank of Greece governor Yannis Stournaras travel... an event at the BoG on Tuesday, when he stressed that it is his duty to warn about developments

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  3. Newsletter 453 - 28/02/2025

    Newsletters

    back control of the narrative around Greece’s worst ever rail disaster. Thursday saw the publication... inquiry into the prosecution of Christos Triantopoulos, the Deputy Minister facing breach of duty charges... countries, led by Germany with 3.65 bn and France with 1.25 bn. Travel receipts from the USA amounted

    46%

  4. New Democracy leadership headed for showdown with right wing over migrant labour bill

    PoliticsGreek Politics

    by the former PM, who recently told a Sunday newspaper that he saw it as his duty as a former premier... the amendment was introduced rather than its content. The direction of travel suggests that rather than

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  5. More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
    Photo by MacroPolis

    Economy

    exceeding 70 percent. Overall, nine out of ten companies saw a decline in their revenues with the overall

    44%

  6. The year that Greece (nearly) saw it all
    Photo by Jan Wellman via Flickr https://flic.kr/p/vo7gnP

    Agora

    the eurozone many more. They saw SYRIZA come to power from virtually nowhere a few years earlier

    44%

  7. Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln

    EconomyMacroeconomy

    Greece's travel receipts rose by a mere 1 percent year on year (YoY) in December from 30.7 percent in November, according to the Bank of Greece (BoG). In absolute terms, travel receipts were up by just 1.5 million YoY to 180 million. At the same time however, travel payments surged 32 percent

    43%

  8. Minister pledges swift resolution as public anger over rail crash mounts
    Photo via Flickr https://flic.kr/p/9SDyrr

    PoliticsGreek Politics

    saw the appointment of an expert committee to look into the causes of the accident, however critics... the country. The policing of the demonstrations has already caused controversy, after a heavy-handed... which relieved the network operator and its private contractors of the obligation to deliver

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  9. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's April travel receipts soared 35.8 percent to 411 million euros from 303 million last year, according to the Bank of Greece (BoG). At the same time, travel payments surged 53 percent to 232 million euros, leading the travel surplus for April to 179 million, which is a rise of 18.5 percent

    41%

  10. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts increased for the second straight month in July, rising by 14.4 percent... travel receipts reached 2.74 billion euros in July from 2.4 billion last year. Travel payments increased at a much slower pace, at 5.1 percent. As a result, the travel surplus soared 15.1 percent

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