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  1. Newsletter 274 -20/11/2020

    Newsletters

    of the worst across the EU, due to the high dependency on tourism and international travel. The Autumn... 15 pct of GDP over the next 20 years, and decrease to 13 pct of GDP by 2060. The European Travel... that the lack of a unified European approach impacted travel patterns in Europe and that this continues

    11%

  2. Turnover in tourism drops by 62.6 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’s travel balance came to 776.5 million euros in September from 2.67 billion. This is equal..., falling by 71.4 percent YoY. Travel payments also decreased by 77.1 percent and came to 49 million.... The average expenditure per trip rose by 12.1 percent to 618.4 euros. Travel receipts from the 27

    11%

  3. Current account shows deficit of 436 mln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a surplus of 277.1 million, down by 30.9 percent YoY. The travel balance showed a surplus of 2.4 million, dropping by 97.6 percent YoY. The travel balance for last year came to 97.7 million, meaning that in January this year around 95.4 million euros is missing from the travel balance

    11%

  4. Govt in tight spot as opposition questions lockdown easing priorities
    Photo by MacroPolis

    PoliticsGreek Politics

    , as comments from government and church officials suggest that travel between regions... the bad news on Easter travel more unequivocally than any official government source has done..., albeit with scaled-down outdoor services. Easter travel is perhaps the biggest political hurdle

    11%

  5. Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
    Photo by MacroPolis

    PoliticsGreek Politics

    of the first week of reopening bars and restaurants and relaxing the rules for domestic travel and retail... revised down its expectations for travel receipts from its initial forecast of 50-50 pct of 2019... across Europe, which is not allowing the kind of uninterrupted travel the government had hoped

    11%

  6. Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to 3.64 billion euros, from 2.51 billion in October 2020. The travel balance showed a surplus of 1.27... in line with the 1.2 billion euros seen in October 2019, a record year for travel receipts. Travel... euros, from 6.64 billion euros last year. The travel surplus came to 9.3 billion euros, from 3.49

    11%

  7. Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    billion in November 2020. The travel balance showed a surplus of 173.8 million euros, nearly five... seen in November 2019, a record year for travel receipts. Travel receipts came to 286.8 million euros... last year. The travel surplus came to 9.47 billion euros, from 3.52 billion last year and 15.41

    11%

  8. December current account deficit at 1.71 bln, worst for eight years
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    exports came to 3.48 billion euros, from 2.81 billion in December 2020. The travel balance showed... the 28.6 million euros seen in December 2019, a record year for travel receipts. Travel receipts came... in 2020. The travel surplus came to 9.53 billion euros, from 3.53 billion in 2020 and 15.44 billion

    11%

  9. Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
    Image via www.moh.gr

    EconomyMacroeconomy

    , from 1.8 billion euros in August last year. The travel balance started returning to normal levels... 1.32 billion euros in August 2020 when the pandemic affected travel. Travel receipts came to 4.04..., the travel balance came to a surplus of 11.46 billion euros, from 6.05 billion euros in 2021. Travel receipts

    11%

  10. Oct current account deficit widens to 2.7 bln - worst since 2008
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    was 2.25 billion euros in deficit, from 1.92 billion euros in October last year. The travel balance... billion euros in October 2020 when the pandemic affected travel. Travel receipts came to 1.51 billion... deficit was 21.39 billion euros, from 16.44 billion euros in 2021. Up to October, the travel balance came

    11%