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  1. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    transport receipts. In contrast, travel receipts increased by 12.2 percent to 205 million, despite... percent drop in the corresponding payments led travel balance to a surplus of 40.9 million from deficit.... On the flipside, travel receipts advanced by 6 percent to 14.19 billion on the back of an increase in non

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  2. Current account deficit narrows by 45 pct to 804.3 mln in Feb

    EconomyMacroeconomy

    in transport receipts by almost 40 percent. At the same time, travel receipts also fell by 6.6 percent.... As a result, travel balance displayed a modest deficit of 3.7 million in February from surplus of 3.8..., travel receipts declined by 5.6 percent to 294.8 million euros, mostly reflecting a decrease in non

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  3. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    transport receipts. In addition, travel surplus fell by 10 percent to 279.6 million in April as travel receipts fell by 7 percent to 443.3 million with non-residents’ arrivals down by 3.5 percent... to a remarkable decrease in the net transport receipts attributed to capital controls. In addition, travel

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  4. Turnover in tourism sector up 7.3 pct in Q2 for fourth straight rise
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    that travel receipts rose by 7.1 percent in Q2 on the back of an increase in foreign arrivals by 6.6... by 14.2 percent. Revenues from the UK rose at a slower pace of 8.5 percent. Overall, travel receipts... percent to 576.1 million in June. In 2016, travel revenues decreased by 6.4 percent to 13.22 billion

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  5. Turnover in tourism sector rises by 6.1 pct in Q3

    EconomyMacroeconomy

    to the Bank of Greece Greece’s travel balance rose to 2.63 billion euros in September, equal... YoY. Travel payments also increased by 50.6 percent and came to 216.3 million. Foreign arrivals... per trip rose by 10.8 percent to 545.90 euros. Travel receipts from the 28 European Union (EU 28

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  6. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    in the second quarter of the year, Greece receives 70 pct of its travel revenues during the summer and, as restrictions on travel, are expected to remain this will have a major impact on foreign demand for overseas travel. Foreign demand for goods will also be affected by the global nature

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  7. Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
    Photo by MacroPolis

    EconomyMacroeconomy

    . According to the Bank of Greece, Greece’s travel balance fell to 31.6 million euros in March from 68.1 million a year ago. Receipts came to 92.1 million euros for the month, falling by 71 percent YoY. Travel... by 45.7 percent to 216.50 euros. Travel receipts from the 27 European Union (EU 27) countries fell

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  8. Newsletter 330 - 04/03/2022

    Newsletters

    on securing 80 pct of the 2019 intakes from travel. Travel from Russia has been impacted the last two... from Russia and before the annexation of Crimea, travel receipts from Russia in 2013 were 1.34... on opportunity cost as travel from Russia was expected to recover in 2022. Russian foreign direct investment

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  9. Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in February 2021. The travel balance showed a surplus of 63 million euros, from last year’s figure of just... when the pandemic was beginning to take hold globally. Travel receipts came to 133 million euros...-to-date goods deficit was 3.93 billion euros, from 2.38 billion euros in 2021. The travel balance

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  10. Current account deficit deepens in Mar, reaching 6.45 bln for Q1
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The travel balance showed a surplus of 77.1 million euros, from last year’s figure of just 8.3 million.... Travel receipts came to 197.6 million euros, from 39 million euros in March last year, and 91.5 million... in 2021. The travel balance up to March came to a surplus of 200.8 million euros, from just 15.3 million

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