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  1. Feb current account deficit at 990.4 mln as services balance improves
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The travel balance also showed an improvement, with the surplus growing to 51 million euros from 18.5... to 2.59 billion. As mentioned, the travel balance in February showed a notable YoY improvement. Travel... in international arrivals. Travel payments also increased by 10.7 percent YoY to 158.1 million

    12%

  2. Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    and Bulgaria. Overnight stays increased by 10.2 percent YoY, and travel receipts came to 15.65 billion... and 52.2 percent of travel receipts. Just five regions attracted 81.9 percent of visits, 86.2 percent... with 549,000 visitors (+46.1 percent). Travel balance The latest travel balance from the Bank of Greece

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  3. Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    . The services balance dropped YoY by 126 million, reaching 1.63 billion euros in October. The travel balance.... However, travel receipts increased by 4.1 percent and non-residents’ arrivals rose by 1.9 percent... last year, a drop of 11 percent. As noted, travel receipts increased by 4.1 percent and stood at 1.44

    12%

  4. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    on direct travel from such countries. However, critics have noted that the ban is easily circumvented... in July, 196 cases related to travel were recorded out of 326 in total. This was more than 60 percent.... Staycations A study by the Institute of the Greek Tourism Confederation (INSETE) looked into the travel trends

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  5. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    The European Travel Commission (ETC) has examined tourism trends in the light of the second... in Europe. The ETC noted that the lack of a unified European approach impacted travel patterns in Europe... throughout Europe regarding travel restrictions and quarantine measures has faced criticism from

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  6. Current account shows deficit of 1.4 bln in May as imports rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    million, down by 4.6 percent YoY. The travel balance showed a surplus of 112.1 million, an eightfold increase from last year, during the first lockdown, when it came to just 12 million. Travel receipts... percent. Travel payments came to 56.2 million, an increase of 77.7 percent. Total imports came to 4.97

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  7. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to a 10.3 percent rise in the travel receipts stemming from a much higher increase in non-residents’ arrivals by 25 percent. The travel surplus stood at 2.98 billion, up 9 percent YoY. The BoG is due to release more detailed figures on the 8-month travel surplus on Wednesday. The contraction

    11%

  8. Greek current account surplus up to 1.6 bln in September after fourth straight rise

    EconomyMacroeconomy

    in the travel receipts stemming from a 23 percent rise in non-residents’ arrivals. As a result, the travel... on the travel surplus on Friday. The reduction of the trade deficit by 15.1 percent primarily stems...’ surplus grew by 17.3 percent to 16.79 billion euros in the 9-month period largely due to higher travel

    11%

  9. Greek current account balance turns negative in October after four month of surpluses
    Photo by MacroPolis

    EconomyMacroeconomy

    in the transport (sea and air) and other services balance. In contrast, the growth of travel receipts slowed to 4.6 percent, while travel surplus grew marginally by 0.4 percent to 824 million, despite soaring non-resident’ arrivals by 18.9 percent. BoG is due to release detailed figures on travel surplus

    11%

  10. Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln

    EconomyMacroeconomy

    services balance, while travel balance turned negative posting a deficit of 27.9 million euros in December from surplus of 20.8 million last year. Travel receipts rose by a mere 1 percent last December, while the respective payments soared 32 percent, resulting in the negative travel balance

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