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  1. December current account deficit at 1.71 bln, worst for eight years
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    exports 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

    10%

  2. Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln
    Image via www.moh.gr

    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

    10%

  3. Oct current account deficit widens to 2.7 bln - worst since 2008
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    was 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

    10%

  4. Current account deficit widens to 3.93 bln in Nov, 17.48 bln in 11M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in 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

    10%

  5. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Indeed, latest Bank of Greece (BoG) data show that travel spending by non-residents to September... percent over the same period. As a result, travel surplus to September hiked by 17.7 percent to 9.31... contribution of travel and tourism to GDP (including wider effects from investment, the supply chain

    9%

  6. Accommodation and food services index rises by 44.9 pct in Q1

    EconomyMacroeconomy

    forecast for travel receipts in 2014, which currently stands at 13 billion euros (based on 18.5 million..., will provide more information on the amount of travel revenues. In 2013, the average spending per trip... importance of tourism to the economy is demonstrated in the World Travel and Tourism Council (WTTC) 2014

    9%

  7. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    payments. In addition, the travel services surplus rose by 18.5 percent to 179 million reflecting soaring non-residents’ arrivals and travel receipts, up 30.6 and 35.8 percent respectively. The 4-month C... surplus is mostly due to higher net transport receipts, followed by a widening of the travel surplus

    9%

  8. Growth in accommodation and food services turnover slows to 6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    that in the first quarter of 2015 travel receipts advanced by 12.8 percent to 531.6 million euros.... The respective breakdown of travel receipts by region showed the most improving performance... travel receipts grew by 10.6 percent to 13.44 billion in 2014. The revenue improvement is entirely

    9%

  9. Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
    Photo by MacroPolis

    EconomyMacroeconomy

    a significant improvement of the travel surplus by 40.5 percent to 90 million, on the back...). Higher travel receipts are fully attributed to a continued strong rise in non-residents’ arrivals.... In contrast, travel surplus improved by 36.8 percent to 381 million reflecting a rise in receipts

    9%

  10. Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports

    EconomyMacroeconomy

    in transportation receipts by almost 60 percent. In contrast, travel receipts rose by 3.5 percent to 2.87... due to the capital controls and bank holiday. Overall, travel balance recorded a surplus of 2.71... a drop in transportation receipts. In contrast, travel receipts rose by 6.2 percent to 6.99 billion

    9%