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  1. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    and other services receipts. In contrast, travel receipts improved by 7.3 percent to 3.4 billion supported by rise in non-residents arrivals by 2.8 percent in August. As a result, travel surplus.... On the flipside, travel receipts grew by 7.1 percent to 10.44 billion mainly on the back

    8%

  2. Current account surplus widens to 838 mln in Sept on shrinking goods deficit

    EconomyMacroeconomy

    transport receipts. Travel receipts also decreased by 5.4 percent to 2.13 billion with non-residents’ arrivals remaining broadly stable. As a result, travel surplus dropped by 4.8 percent to 1.98... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved

    8%

  3. Current account turns to a surplus of 314 mln in Oct on contracting goods deficit

    EconomyMacroeconomy

    ’ surplus mainly resulted from lower net transport receipts, while travel receipts also decreased by 4.1 percent to 960.8 million euros. The travel surplus fell 5.4 percent to 784.3 million, while... in the net transport receipts, while travel receipts grew by 4.1 percent to 13.53 billion on an increase

    8%

  4. Current account deficit at 1.22 bln in Nov, down 18.6 pct

    EconomyMacroeconomy

    attributed to lower net transport receipts, while travel receipts posted a marked rise of 16 percent... with a slight drop in the corresponding payment pushed the travel surplus up by 84.4 percent... in the 11-month period is attributed to lower net transport receipts. In contrast, travel receipts grew

    8%

  5. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    transport receipts. In contrast, travel receipts increased by 12.2 percent to 205 million, despite... percent drop in the corresponding payments led travel balance to a surplus of 40.9 million from deficit.... On the flipside, travel receipts advanced by 6 percent to 14.19 billion on the back of an increase in non

    8%

  6. Current account deficit narrows by 45 pct to 804.3 mln in Feb

    EconomyMacroeconomy

    in transport receipts by almost 40 percent. At the same time, travel receipts also fell by 6.6 percent.... As a result, travel balance displayed a modest deficit of 3.7 million in February from surplus of 3.8..., travel receipts declined by 5.6 percent to 294.8 million euros, mostly reflecting a decrease in non

    8%

  7. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    transport receipts. In addition, travel surplus fell by 10 percent to 279.6 million in April as travel receipts fell by 7 percent to 443.3 million with non-residents’ arrivals down by 3.5 percent... to a remarkable decrease in the net transport receipts attributed to capital controls. In addition, travel

    8%

  8. Turnover in tourism sector up 7.3 pct in Q2 for fourth straight rise
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    that travel receipts rose by 7.1 percent in Q2 on the back of an increase in foreign arrivals by 6.6... by 14.2 percent. Revenues from the UK rose at a slower pace of 8.5 percent. Overall, travel receipts... percent to 576.1 million in June. In 2016, travel revenues decreased by 6.4 percent to 13.22 billion

    8%

  9. Turnover in tourism sector rises by 6.1 pct in Q3

    EconomyMacroeconomy

    to the Bank of Greece Greece’s travel balance rose to 2.63 billion euros in September, equal... YoY. Travel payments also increased by 50.6 percent and came to 216.3 million. Foreign arrivals... per trip rose by 10.8 percent to 545.90 euros. Travel receipts from the 28 European Union (EU 28

    8%

  10. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    in the second quarter of the year, Greece receives 70 pct of its travel revenues during the summer and, as restrictions on travel, are expected to remain this will have a major impact on foreign demand for overseas travel. Foreign demand for goods will also be affected by the global nature

    8%