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  1. Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to 232.1 million. The latest figures published by the Greek Tourism Confederation (SETE) on Monday... trip by 8.1 percent to 308 euros. Foreign arrivals fell slightly by 0.2 percent to 627,600. The breakdown of inbound traveller flows showed a double-digit rebound in arrivals from the US (+21.1 percent

    2%

  2. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 6.8 percent to 138.3 million. The latest figures provided by the Greek Tourism Confederation (SETE... expenditure per trip by 5.5 percent to 322 euros, while foreign arrivals increased by 2.6 percent to 444,400. The breakdown of the inbound traveller flow showed that arrivals from the US and Germany

    2%

  3. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    in non-residents’ investment in Greek government bonds and T-Bills as well as in Greek stocks. Reserve...-residents’ arrivals (up 34.3 percent). The aggregate figures for the first quarter (Q1) of 2015...-residents’ arrivals (up 45.6 percent). The BoG is scheduled to release the detailed figures

    2%

  4. Electoral law vote brought forward, refugee crisis returns to political agenda
    Photo by MacroPolis

    PoliticsForeign Policy

    to the Greek Constitution, which the SYRIZA leader is expected to announce later this month. One of the changes... about the government’s handling of the situation. Stathakis insisted that the Greek state would not have... in the number of migrants trying to leave the country. After a number of days without any arrivals on Lesvos

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  5. Turnover in tourism sector rebounds 2.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    a nosedive of 26.7 and 24.3 percent. The most updated volume figures published by the Association of Greek Tourism Enterprises (SETE) showed international tourist arrivals at the main Greek airports soared... to a drop in the average expenditure per trip by 9.3 percent to 547 euros, while foreign arrivals rose

    2%

  6. Athens keeps cautious eye on Berlin-Ankara relationship as German elections approach
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    talks, this will in turn change the balance in Greek–Turkish relations. For the last three decades... citizens who are accused in Turkey for having participated in last year’s coup. The Greek government may... that Ankara has once again allowed refugee flows to resume. Numbers of arrivals also do not confirm

    2%

  7. June current account shows surplus of 208.8 million as imports outpace exports

    EconomyMacroeconomy

    fall in non-residents' holdings of Greek government bonds and T-bills. During the aggregate period... by a rise of 4 billion in non-residents holdings of Greek government bonds and T-Bills. Reserve assets fell... percent rise in international arrivals. The rise in receipts comfortably offset a rise in travel

    2%

  8. July current account shows surplus of 1.58 bln as tourism drives services surplus
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    to a 1.2 billion-euro fall in non-residents' holdings of Greek government bonds and T-bills. During... in liabilities was driven by a rise of 2.7 billion in non-residents holdings of Greek government bonds and T... in July, driven by a 7.7 percent rise in international arrivals. Travel payments, meanwhile, showed

    2%

  9. Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year

    EconomyFeatures

    That latest air traffic data has highlighted what a terrible year the Greek tourism sector is going through, just as newly released 2019 figures highlighted an increase in arrivals and receipts last year. Research by the institute of the Association of Greek Tourism Enterprises (INSETE) has

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  10. Why did Greece return to bond markets now? Was it the right decision?

    Economy

    illuminate this debate. 1) Why did Greece issue this bond now? The Greek government had been.... In mid-March Piraeus Bank became the first Greek bank to access the international debt markets after... participating in the transaction. Following this, at the end of March two of the core Greek banks (Alpha

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