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Current account shows deficit of 436 mln in January
EconomyMacroeconomyto a surplus of 277.1 million, down by 30.9 percent YoY. The travel balance showed a surplus of 2.4 million, dropping by 97.6 percent YoY. The travel balance for last year came to 97.7 million, meaning that in January this year around 95.4 million euros is missing from the travel balance
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Govt in tight spot as opposition questions lockdown easing priorities
PoliticsGreek Politics, as comments from government and church officials suggest that travel between regions... the bad news on Easter travel more unequivocally than any official government source has done..., albeit with scaled-down outdoor services. Easter travel is perhaps the biggest political hurdle
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Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
PoliticsGreek Politicsof the first week of reopening bars and restaurants and relaxing the rules for domestic travel and retail... revised down its expectations for travel receipts from its initial forecast of 50-50 pct of 2019... across Europe, which is not allowing the kind of uninterrupted travel the government had hoped
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Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
EconomyMacroeconomyto 3.64 billion euros, from 2.51 billion in October 2020. The travel balance showed a surplus of 1.27... in line with the 1.2 billion euros seen in October 2019, a record year for travel receipts. Travel... euros, from 6.64 billion euros last year. The travel surplus came to 9.3 billion euros, from 3.49
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Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
EconomyMacroeconomybillion in November 2020. The travel balance showed a surplus of 173.8 million euros, nearly five... seen in November 2019, a record year for travel receipts. Travel receipts came to 286.8 million euros... last year. The travel surplus came to 9.47 billion euros, from 3.52 billion last year and 15.41
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December current account deficit at 1.71 bln, worst for eight years
EconomyMacroeconomyexports came to 3.48 billion euros, from 2.81 billion in December 2020. The travel balance showed... the 28.6 million euros seen in December 2019, a record year for travel receipts. Travel receipts came... in 2020. The travel surplus came to 9.53 billion euros, from 3.53 billion in 2020 and 15.44 billion
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Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
EconomyMacroeconomy, from 1.8 billion euros in August last year. The travel balance started returning to normal levels... 1.32 billion euros in August 2020 when the pandemic affected travel. Travel receipts came to 4.04..., the travel balance came to a surplus of 11.46 billion euros, from 6.05 billion euros in 2021. Travel receipts
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Oct current account deficit widens to 2.7 bln - worst since 2008
EconomyMacroeconomywas 2.25 billion euros in deficit, from 1.92 billion euros in October last year. The travel balance... billion euros in October 2020 when the pandemic affected travel. Travel receipts came to 1.51 billion... deficit was 21.39 billion euros, from 16.44 billion euros in 2021. Up to October, the travel balance came
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Current account deficit widens to 3.93 bln in Nov, 17.48 bln in 11M
EconomyMacroeconomyin November 2021. The travel balance showed a surplus of 180 million euros, from last year’s figure of 154.8 million euros, and just 33.3 million euros in November 2020 when the pandemic affected travel. Travel receipts came to 314 million euros, from 271 million euros in November 2021, and 70.3 million
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Record year for Greek tourism raises concerns about sustainability
EconomyFeaturesand influential travel guides alike are starting to warn visitors against visiting some of the most.... The Bank of Greece, which compiles statistics on travel services, reported that over the course of 2023 travel receipts jumped by 15.7 percent compared to 2022, to just under 20.5 billion euros
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