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  1. Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
    Photo by MacroPolis

    EconomyMacroeconomy

    in 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

    9%

  2. Newsletter 115 - 21/04/2017

    Newsletters

    , 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

    9%

  3. Newsletter 120 - 26/05/2017

    Newsletters

    outpaced lower funding cost. NBG posted a rebound mostly due to a low base effect. Travel receipts fell.... However, a sharper decline in the corresponding payments by 33 percent led to the travel surplus... percent to 627,600. The aggregate figures for Q1 showed that travel receipts decreased by 4.8 percent

    9%

  4. Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 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

    9%

  5. Newsletter 129 - 28/07/2017

    Newsletters

    to be able to exit the programme and be fully financed by the markets. Travel receipts edged up..., while the corresponding payments fell by 2.6 percent to 167.7 million. As a result, the travel surplus improved by 2.5 percent to 925.9 million from 903.2 million a year ago. Increased travel revenues

    9%

  6. About to soar? Greece's economy still needs to be handled with care
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    2015, 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

    9%

  7. November current account deficit at 954 mln, goods balance improves
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a 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

    9%

  8. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million 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

    9%

  9. May current account shows surplus of 191.5 million as underlying indicators improve
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    increased 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

    9%

  10. Calls for measures to lessen impact of Thomas Cook collapse in Greece
    Athens Airport

    EconomyFeatures

    The collapse of British travel firm Thomas Cook on Monday left around 50,000 tourists stranded... largest companies and the world’s oldest travel companies impacted an estimated 500,000 holidaymakers... with the travel giant will be hit particularly hard. One of Thomas Cook’s policies was to pay hotels

    9%