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Newsletter 483 - 07/11/2025
latest data released by ELSTAT on the demography of Greek businesses for the year 2023 captures the idiosyncrasies of Greek entrepreneurship and adds valuable insight to the debate about Greek competitiveness and the efforts to boost long-term growth potential. The typical Greek business has
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Athens calibrates domestic and diplomatic response to Iran war as tension with Turkey resurfaces
PoliticsGreek PoliticsGreece has moved into a more complex and volatile phase of the Iran crisis. The Greek government is facing multi‑front challenge touching defence, diplomacy, domestic security, the economy and Greek... from a Greek foreign minister, and perhaps a sign of how exposed Athens feels. Economic anxieties
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyalso increased by 1 percent and came to 166.7 million. Foreign arrivals increased by 24.6 percent... from Russia declined by 42.5 percent to 4,900. In total, arrivals from the EU 27 countries rose... period, versus 367.10 euros for the same period last year. On an aggregate basis, arrivals from
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Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
EconomyMacroeconomyflows to airports and a 8.7 percent increase in visitors by road. Figures released by the Greek Tourism Confederation (SETE) showed international arrivals at the main airports rose by 5.3 percent... projections, foreign arrivals were estimated to rise by 1.2 million or by 4.8 percent to 26 million in 2017
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Turnover in tourism grows by 10.9 pct in Q1
EconomyMacroeconomyand 9.1 million euros, respectively. The most recent figures released by the Greek Tourism Confederation (SETE) showed international arrivals at the main airports rose by 24.9 percent in February... in foreign arrivals. Average expenditure per trip rose by 1.3 percent to 306.1 euros compared to 302.1
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Travel balance records 127 mln surplus in Q1, much improved on last year
EconomyMacroeconomyby the Greek Tourism Confederation (SETE) showed international arrivals at the main airports rose by 30.3... percent to 101,200. Overall, cruise ship arrivals were down drastically (-55.4 percent) to 41... figures showed that arrivals in the aggregate period came to 27.2 million visitors, meaning
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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomyfrom the Greek Tourism Confederation (SETE) showed that foreign airport arrivals in Greece rose by 12.9 percent YoY to 20.7 million. Combined with land arrivals, this led to overseas arrivals coming
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomy. Staycations A study by the Institute of the Greek Tourism Confederation (INSETE) looked into the travel trends... to 119,837 arrivals versus arrivals for the same month in 2019. Overall during the first six months... in light of the low numbers of arrivals in July, which was not foreseen by estimates including EY.
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Trade deficit to July eased by 17.4 pct to 11.2 billion euros
EconomyMacroeconomypercent yoy to just 160 million, or by 74% yoy to 1.66 billion excluding the one-off income SMP of 1.5
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A summit of little substance
Agora. Following the deaths of hundreds of migrants off the island of Lampedusa in early October, EU
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