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  1. Travel balance down by 29 pct in April as receipts slump
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to roughly 1.1 million. The average expenditure per trip also fell by 7.3 percent to 418.30 euros... million for the month. For euro-denominated countries, receipts fell by 5.5 percent to 199.4 million... to 891,100. Arrivals from outside the EU rose by 7.3 percent to 1.1 million. The aggregate breakdown

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  2. Newsletter 205 -10/05/2019

    Newsletters

    billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over... by 1.1 percent last year. The rate is seen as rising by 1.3 percent in 2019 and by 1.2 percent.... The Commission noted that the general government balance reached 1.1 percent last year, boosted

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  3. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    -denominated rose by 1.1 percent to 365.7 million. Receipts from non-EU countries increased by 29.1... by 8.4 percent to 1.1 million. Visitors from non-euro areas within the EU 28 showed a decline.... On an aggregate basis, arrivals from Germany declined by 14.3 percent to 761,200. Those from France rose by 5.5

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  4. Finance Ministry costs new support package, but questions remain over electricity subsidies
    Photo via www.government.gov.gr

    Economy

    billion euros for households and 6.5 billion euros for firms. The total 5.5 billion euros package... of extraordinary support, 1.1 billion euros of which is related to the energy crisis. The Finance... are worth 855 million euros; 1.1 billion euros will be allocated to retirees

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  5. Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ

    EconomyMacroeconomy

    a downward revised 1.1 percent in the last quarter of 2022, provisional data from the Hellenic... decrease was due to a 5 percent drop in goods and 5.5 percent decrease in imports of services. Compared... sees this year’s growth substantially revised from the 1.1 pct of January, and now it expects the Greek

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  6. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    , followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year... would be wise to prepare a safety net to offset the loss of income that may accompany its reliance

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  7. Greek-Turkish enmity to continue as polls loom, sea borders come into play
    Photo by MacroPolis

    PoliticsForeign Policy

    neighbouring countries, including Albania and Libya. But timing is everything, they note. The same... prove that Greece feels confident and will create a “safety net” to restrict Turkey’s behaviour during

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  8. Current account turns to a surplus of 314 mln in Oct on contracting goods deficit

    EconomyMacroeconomy

    said the net oil import bill fell due to a drop in oil prices, while ship transactions were...’ surplus mainly resulted from lower net transport receipts, while travel receipts also decreased by 4.1... in the net transport receipts, while travel receipts grew by 4.1 percent to 13.53 billion on an increase

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  9. Newsletter 216 -26/07/2019

    Newsletters

    expenditure came to 21.59 billion euros. Net revenues came to 23.45 billion euros, beating... March this year, which came to 1.12 billion euros, excluding VAT. Overall, net revenues amounted... to 1.1 million. Visitors from non-euro areas within the EU 28 showed a decline of 7.9 percent to 687,500

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  10. Curr​ent account balance shows surplus of 1.87 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros, deepening from a deficit of 576.1 million euros a year ago, driven mainly by higher net... higher net payments of the other (excluding general government) sectors. Total exports in August.... Total exports rose by 1.1 percent, while imports rose by 3.4 percent.The respective amounts came

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