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  1. Travel balance surplus up by 29 pct in Q1 to reach 165 mln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    ashore rose by 28.1 percent to 130,000. Outlook The Greek Tourism Confederation’s (SETE) annual outlook... of the Greek economy, generating close to a fifth of the country's overall GDP in direct and indirect..., security, changes in regional economies and lack of investment in Greek tourism. The study noted

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  2. Reopening of 7-year bond affirms tougher conditions on sovereign debt market
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Amid the uncertain times of the Ukraine conflict and the inflationary pressures globally, but after Greece’s upgrade by S&P last week to one notch from investment grade and the recent prepayment of IMF loans by the government, the Public Debt Management...

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  3. Latest data highlights tough day-to-day economic conditions, giving opposition ammunition
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Political developments are putting more pressure on the government to deliver tangible economic results. PASOK officially became the main opposition party in Parliament recently after several SYRIZA MPs walked out as the leftist party elected a new lead...

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  4. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    A study by the Greek Tourism Confederation (INSETE) has indicated that tourism contributed between... as one of the central pillars of the Greek economy when direct and indirect contributions from tourism... markets, regional changes, security, changes in regional economies and lack of investment in Greek

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  5. New Democracy seeks to counter with marine parks and migration policy, rhetoric
    Photo by MacroPolis

    PoliticsGreek Politics

    younger voters and urban professionals. The references made by the Greek PM to Sir David Attenborough... has taken to posting social media comments in English as well as Greek about the processing... by the left-wing parties and the obvious concern among many Greek voters about the influx of migrants

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  6. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    In particular, international tourist arrivals at the main Greek airports increased 15 percent in July... in the 6-month period. The more updated figures provided by the Association of Greek Tourism... billion, mainly reflecting a 15.6 percent rise in international tourist arrivals to 6.26 million from

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  7. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    . The more updated figures regarding the international tourist arrivals at the main Greek airports, released by the Association of Greek Tourism Enterprises (SETE) earlier this month, showed a further... arrivals to 1.87 million. At the same time, unlike the previous months, the average non-resident

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  8. Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    period. The latest figures published by the Association of Greek Tourism Enterprises (SETE) showed international tourist arrivals at the main Greek airports soared 25.1 percent in October leading.... The modest increase in receipts fully reflects a growth of 13.7 percent in non-residents’ arrivals

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  9. Slow pace of returns and relocations leaves refugee crisis finely balanced
    Photo by MacroPolis

    PoliticsForeign Policy

    there. However, the overstretched Greek authorities stress that the slow process is a result... crisis. Also, on Wednesday, Greek police fired tear gas and stun grenades at the Idomeni camp near... tried to push an abandoned railway carriage over the border. As of Thursday morning, Greek

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  10. Tourism industry braces for outcome of gloomy Covid-19 scenarios
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyFeatures

    would affect the Greek economy. “The coronavirus outbreak is, at present, the most serious source... the busiest season for the Greek tourism and generates the highest tourism revenues out of the year... for revenues in Greek tourism across the year will be hardest hit. As travel restrictions come into effect

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