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  1. Newsletter 229 -22/11/2019

    Newsletters

    to take place before Christmas. Budget primary surplus at 5.76 bln in October September travel balance... travel balance rose to 2.63 billion euros in September from 2.28 billion a year ago, Bank of Greece (BoG... to 2.85 billion euros for the month, increasing by 16 percent YoY. Travel payments also increased

    9%

  2. Turnover in tourism rises by 4.8 pct in Q4
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of Greece, Greece’s travel balance rose to 42.7 million euros in December, representing a rise of 84.6... percent year-on-year (YoY). Travel payments fell by 1.2 percent to 246.3 million euros. Foreign... trip edged up by a slight 0.7 percent. Travel receipts from the 28 European Union (EU 28) countries

    9%

  3. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    importer of Greek goods. Looking at the 2019 balance of payments data from Bank of Greece, travel and sea... receipts in Q2 and close to 88 pct in Q3. Travel peaks in Q3 due to the high seasonality, representing 65..., city hotels and seasonal resorts were forced to close and travel came to a halt as countries shut

    9%

  4. Newsletter 248 -24/04/2020

    Newsletters

    of managerial competence. Digital investments could provide GDP boost Travel balance more than... with the business sector. In addition, Greece’s travel balance rose to 73.7 million euros in February from... percent YoY. Travel payments also increased by 1 percent and came to 166.7 million. Foreign arrivals

    9%

  5. Newsletter 249 -08/05/2020

    Newsletters

    to remove this restriction from May 18. The next major step will be to allow free travel... quarantine-free travel between participating countries. All the evidence points to a very limited 2020... of the year, Greece receives 70 percent of its travel revenues during the summer and, as restrictions

    9%

  6. Greece plans tourism reopening while waiting for EU guidelines
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , Athens is calling for the lifting of travel restrictions within the bloc where possible by June 15. The paper said that the Greek government’s objective was to work towards restarting travel flows... of the tourism services.” Greece proposed a negative coronavirus test 72 hours before travel

    9%

  7. First challenges for tourism plan, as public relaxes approach to virus
    Athens Airport metro

    PoliticsGreek Politics

    and locals. Challenges One of the practical challenges of opening up air travel to Greece... for coronavirus, the biggest cluster of travel-related cases since March. The affected passengers originated from... to the country. The Greek ambassador to Australia conceded that travel to Greece for tourism would

    9%

  8. Newsletter 255 -26/06/2020

    Newsletters

    , catering and travel in 2017, according to the tourism institute INSETE. Visitors to Greece have slowed to a trickle during the lockdown, with foreign arrivals down 96.2 percent YoY in April and travel... becomes more complex Travel balance sounds alarm for poor tourist season ahead The government

    9%

  9. Newsletter 274 -20/11/2020

    Newsletters

    of the worst across the EU, due to the high dependency on tourism and international travel. The Autumn... 15 pct of GDP over the next 20 years, and decrease to 13 pct of GDP by 2060. The European Travel... that the lack of a unified European approach impacted travel patterns in Europe and that this continues

    9%

  10. Turnover in tourism drops by 62.6 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’s travel balance came to 776.5 million euros in September from 2.67 billion. This is equal..., falling by 71.4 percent YoY. Travel payments also decreased by 77.1 percent and came to 49 million.... The average expenditure per trip rose by 12.1 percent to 618.4 euros. Travel receipts from the 27

    9%