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First challenges for tourism plan, as public relaxes approach to virus
PoliticsGreek Politicsand locals. Challenges One of the practical challenges of opening up air travel to Greece... for coronavirus, the biggest cluster of travel-related cases since March. The affected passengers originated from... to the country. The Greek ambassador to Australia conceded that travel to Greece for tourism would
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Newsletter 255 -26/06/2020
, catering and travel in 2017, according to the tourism institute INSETE. Visitors to Greece have slowed to a trickle during the lockdown, with foreign arrivals down 96.2 percent YoY in April and travel... becomes more complex Travel balance sounds alarm for poor tourist season ahead The government
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Newsletter 274 -20/11/2020
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
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Turnover in tourism drops by 62.6 pct in Q3
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
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Current account shows deficit of 436 mln in January
EconomyMacroeconomyto 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
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Govt in tight spot as opposition questions lockdown easing priorities
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
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Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
PoliticsGreek Politicsof 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
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Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
EconomyMacroeconomyto 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
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Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
EconomyMacroeconomybillion 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
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December current account deficit at 1.71 bln, worst for eight years
EconomyMacroeconomyexports 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
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