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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomypercent of GDP. The report shows that the total contribution of travel and tourism to GDP, including... was ranked 26th in terms of direct tourism revenues and 29th in terms of total contribution worldwide..., with Greece ranking 102nd and 110th for the direct and total contribution respectively. The money spent
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Newsletter 134
the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1... included in the MTFS, which was only submitted in mid-May. Total revenues have been downward revised from the MTFS figure by over 500 million, from 52.73 billion to 52.22 billion euros. This total figure
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Greek banks push for return to normality
EconomyBankingthe total of non-performing exposures (NPEs) to stand at roughly 35 percent of all loans by the end of next year. Moody’s saw the bank’s capital at comfortable levels, with the CET1 ratio for the total... by 3.29 billion month-on-month. July’s reduction brought the total for central bank funding to 13.02
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Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
EconomyMacroeconomyaccounted for the lion’s share of total expenditure in H1 2018 at 80.4 percent with corresponding receipts... percent). Receipts from trips for health purposes fell by 15 percent year-on-year to total 20 million.... Visitors from within the EU 28 made up 63.9 percent of the total, with non EU visitors accounting for 25.9
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Newsletter 179 -19/10/2018
to the European Commission includes 1.1 billion euros of tax cuts and extra spending measures, as promised by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September. Of this total, 766 million... at 1.57 billion, beating the target by 433 million euros. Of the total revenues, 1.42 billion were EU
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Travel surplus rises by 10.4 pct in H1, German visitor numbers and receipts drop
EconomyMacroeconomyof total expenditure in H1 2018 at 81.8 percent with corresponding receipts rising by 15.2 percent... for health purposes rose by 84.8 percent year-on-year to total 37 million euros. Meanwhile, business... percent of the total, with non EU visitors accounting for 29.8 percent. EU 28 visitors dropped by 5.2
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Newsletter 232 -13/12/2019
of December 2018. Out of this total, 22.83 billion are considered doubtful collection, while 38.12... stock, 27.2 billion euros are under some sort of work out effort and the total collateral of the NPE... poll indicates New Democracy is still dominating its rivals. A total of 288 MPs voted in favour
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A sudden turnaround that could lead to sharp shock
Agoraclosed in 2013, with the economy contracting by 3.2 pct. By 2013 total Greek economic activity had... transport take the lion’s share of services receipts, representing more than 83 pct of total... billion, the UK 2.6 billion, France 1.1 billion and the US 1.2 billion. These are all countries
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday. It is worth noting though ...
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Primary cash surplus almost halves to 1.1 bln in 2-month
EconomyMacroeconomyGreece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However...
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