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  1. Travel balance falls by 99.3 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance fell to 9.1 million euros in May from 1.34 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 99.3 percent year-on-year (YoY). Receipts... of 65.1 percent to 399 million, which took the overall travel balance to 214.7 million, equal

    14%
  2. Travel balance falls by 85.1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to 516.4 million euros in July from 3.47 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 85.1 percent year-on-year (YoY... million, which took the overall travel balance to 759 million, reflecting a fall of 90 percent YoY

    14%
  3. Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance came to 1.32 billion euros in August from 3.87 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 65.9 percent year-on-year (YoY... also recorded a drop of 67.1 percent to 592.2 million, which took the overall travel balance to 2.09

    14%
  4. Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance came to 776.5 million euros in September from 2.67 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 70.9 percent year-on-year (YoY.... Payments also recorded a drop of 68.1 percent to 641.2 million, which took the overall travel balance

    14%
  5. Travel balance falls by 62.9 pct in November
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance came to 40.4 million euros in November from 108.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 62.9 percent year-on-year (YoY... a drop of 70.4 percent to 733.4 million, which took the overall travel balance to 3.51 billion

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  6. Banks intensify balance-sheet clean up with securitisations, new bonds
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank and Alpha Bank are both moving forward with actions this week to continue strengthening their balance sheets, with the former extending its ongoing partnership with Swedish loan servicer... to the financial news website. Meanwhile, Alpha Bank is focussing on the liability side of its balance

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  7. Travel balance falls by 89.3 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 7.6 million euros in February from 70.7 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 89.3 percent year-on-year... percent to 38.9 million, which took the overall travel balance to 10 million, reflecting a fall of 94.1

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  8. Travel balance falls by 71.7 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 9.2 million euros in March from 32.5 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 71.7 percent year-on-year... travel balance to 19.2 million, reflecting a fall of 90.5 percent YoY. Average expenditure per trip

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  9. Travel balance almost doubles in April from last year's lockdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 9.6 million euros in April from 4.9 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal.... Payments recorded a drop of 75.9 percent to 96.9 million, which took the overall travel balance

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  10. Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
    Photo by MacroPolis

    EconomyBanking

    efforts to clean up its balance sheet and complete its business transformation. Core pre-provision... stood stable at 54 pct. Balance sheet The Group’s gross loans amounted to 40.65 billion euros

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