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  1. Current account balance turns to deficit of 198 mln in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The increase in the services’ surplus largely reflects a rise in the travel receipts by 14.2 percent to 1.03... arrivals by 17.3 percent. At the same time, travel payments declined by 2.7 percent leading travel... in bet transport receipts, largely attributed to capital controls. In addition, travel receipts also

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  2. Newsletter 101 - 23/12/2016

    Newsletters

    –900 million euros by Q2 2016. Travel receipts rebounded for the second successive month by 14.2... percent to 180.3 million, leading the October travel surplus up by 18.5 percent to 846.1 million... by 5.2 percent, with the 10-month travel balance landing at 11.32 billion, down by 5.5 percent from

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  3. Newsletter 108 - 24/02/2017

    Newsletters

    in 2012 and further to 9.5 percent in 2014, where it remained unchanged in 2015. Travel receipts rebounded... revealed. Specifically, travel revenue stood at 193.1 million euros in December, while the corresponding payments slumped 22.9 percent to 138.5 million. As a result, the travel surplus soared to 54.7

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  4. 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

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  5. 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

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  6. 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

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  7. 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

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  8. 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

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  9. 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

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  10. 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

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