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Current account surplus widens to 1 bln in September
EconomyMacroeconomybalance rose on the back of higher net air and sea transport receipts. Moreover, travel receipts... by 13.7 percent. At the same time, travel payments grew by 17.9 percent to 193.4 million leading the travel surplus up by 1 percent to 2.04 billion. The BoG also noted that the deterioration in the primary
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomy. The increase in the services’ surplus largely reflects a rise in the travel receipts by 14.2 percent to 1.03... arrivals by 17.3 percent. At the same time, travel payments declined by 2.7 percent leading travel... in bet transport receipts, largely attributed to capital controls. In addition, travel receipts also
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Newsletter 108 - 24/02/2017
in 2012 and further to 9.5 percent in 2014, where it remained unchanged in 2015. Travel receipts rebounded... revealed. Specifically, travel revenue stood at 193.1 million euros in December, while the corresponding payments slumped 22.9 percent to 138.5 million. As a result, the travel surplus soared to 54.7
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Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
EconomyMacroeconomyin 2015. Bank of Greece (BoG) figures showed travel receipts dropped by 6.4 percent to 13.22 billion... euros, while foreign arrivals increased by 5.1 percent to 24.8 million. Specifically, travel... countries were reduced at a sharper pace of 15 percent to 3.63 billion. Travel revenues from four
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Newsletter 115 - 21/04/2017
, respectively. Imports and exports increased by 12.3 and 11.7 percent, respectively, while travel.../A deficit narrowed by more than 390 million to 1.21 billion, attributed to an improvement in the travel.... In addition, travel receipts decreased by 2.7 percent, but the travel balance soared 40.7 percent
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Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
EconomyMacroeconomyin the last four years. Bank of Greece (BoG) figures showed that travel receipts fell by 4.8 percent.... Travel revenues from Russia led the way, rising by 29.1 percent, while those from Germany and the US...-digit decline of 32.7 and 10.4 percent, respectively. Overall, travel receipts from the EU decreased
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About to soar? Greece's economy still needs to be handled with care
Agora2015, when the third bailout programme was approved. Greece's travel receipts rose by 14.2 percent... euros during the month while the travel surplus improved by 15.5 percent to 1.91 billion from 1.66... for travel receipts for the first half of the year up by 7.1 percent to 4.11 billion euros, while
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomya year ago. The travel balance was the main driver behind the improvements in the overall services balance and increased by 81.4 percent to 102.5 million euros. Travel receipts rose by 1.3 percent during... performance in the underlying subaccounts. Travel receipts rose by 10.7 percent to 14.41 billion, fully
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March current account deficit at 955.8 mln on improvement in goods balance
EconomyMacroeconomymillion euros, mainly driven by lower net services and travel receipts. Travel receipts rose by 28.2.... The rise in receipts offset a rise in travel payments by 20.7 percent to 173.1 million, leading to a travel services surplus of 79.1 million, compared to a surplus of 53.4 million euros for the same
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May current account shows surplus of 191.5 million as underlying indicators improve
EconomyMacroeconomyincreased by 356.3 million euros, driven largely by an improvement in the travel balance. Travel... arrivals. The rise in receipts comfortably offset a rise in travel payments, which increased by 16 percent to 201.5 million euros. This brought the travel surplus to 1.27 billion, growing strongly by 38.2
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