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Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
EconomyMacroeconomy. The most updated figures released by the Association of Greek Tourism Enterprises (SETE) showed international tourist arrivals at the main Greek airports advanced by 1.9 percent in January.... euros, while non-residents’ arrivals dropped by 9.3 percent to 487,900. The breakdown of the incoming
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Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
EconomyMacroeconomyby SETE showed international tourist arrivals at the main Greek airports increased by 6.9 percent..., the chairman of the Association of Greek Tourism Enterprises (SETE) Andreas Andreadis recently stressed... euros, while foreign arrivals increased by 5.1 percent to 24.8 million. Specifically, travel
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Newsletter 27 - 22/05/2015
Merkel and French President François Hollande simply resulted in the Greek leader’s two counterparts... promises. EBC lifts ELA marginally Deal delay would put pressure on Greek bank liquidity The ECB decided on Wednesday to marginally increase the emergency liquidity assistance (ELA) limit for Greek banks
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How will Trump's tariffs affect Greece?
Agorain US factories. While the 15% levy is lower than the original 30% rate, Greek producers..., with 65% of Greek exports going to EU member states. Larger exporters with established networks... —aviation —benefit from bilateral zero-for-zero tariffs. However, Greek companies are unlikely to profit
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomyin foreign T-Bills and a decline in non-resident’s holdings of Greek government bonds and T-Bills... and Treasury bills and to a lesser extent to a rise in non-residents’ holdings of Greek shares... methodology (national accounts), expects the Greek C/A balance to remain on negative grounds
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomyinflows in non-residents’ holdings of Greek bonds, T-Bills and Greek stocks. The latter is primarily related to Greek banks’ capital increases with Alpha, Eurobank and Piraeus raising a total of 5.8... soaring non-residents’ arrivals and travel receipts, up 30.6 and 35.8 percent respectively. The 4-month C
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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomyThe Greek economy exited the recession in Q2 2014, posting the first GDP growth after 16 successive... revealed that Greek GDP had also posted growth during the crisis year of 0.5 percent in Q1 2010. ELSTAT... with the official forecast by the troika institutions and the Greek government. GDP at current prices, which
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomylower but they could be recorded since they were conducted outside the Greek banking system due... billion in non-residents’ investment in Greek shares, particularly banks during their recapitalization... liabilities fell by 2.4 billion largely attributed to a decline in non-residents’ investment in Greek
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomybonds two Greek banks received during their recapitalisation process. Residents’ net external liabilities rose by 1 billion largely due to non-residents’ investment in Greek shares, mainly the recent... liabilities declined by 1.4 billion mostly due to a drop in non-residents’ investment in Greek
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EU meets on refugee crisis, bailout review but Greece's immediate fate seems sealed
PoliticsForeign PolicyGreek authorities are to deal with such large numbers of arrivals if they have to stay in the country for weeks or months. The Greek government has been preparing public opinion... to 35,000 over the weekend, according to Greek authorities. At the same time, the draft conclusions
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