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GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY
EconomyMacroeconomyrose by 7.8 percent year-on-year. Regarding travel revenue, the latest figures from the Bank of Greece for March showed travel receipts at 318.5 million euros for the month, increasing by 32.2 percent year-on-year (YoY). During the first three months of the year, travel receipts rose by 37.2 percent
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Turnover in tourism drops by 19.2 pct in Q1
EconomyMacroeconomy. According to the Bank of Greece (BoG) travel balance for March, receipts came to 318.5 million euros for the month, increasing by 32.2 percent year-on-year (YoY). Travel payments also increased by 53.4... by 21.9 percent to 405.70 euros. The aggregate breakdown for travel receipts revealed that revenues from
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomypercent year-on-year. Regarding travel revenue, the latest figures from the Bank of Greece for June showed travel receipts came to 2.62 billion euros, increasing by 16.4 percent year-on-year (YoY). During the first six months of the year, travel receipts rose by 15.3 percent to 5.51 billion euros
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Turnover in tourism rises by 12.9 pct in Q2
EconomyMacroeconomyGreece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May. Receipts came to 2.62 billion euros, increasing by 16.4 percent year-on-year (YoY). Travel payments also... for the month. The average expenditure per trip rose by 16.4 percent to 620.90 euros. Travel receipts from
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A virus is spreading across China, but so is the demand for transparency
Agora, travel, or simply return to work leads the Chinese authorities into unchartered territory. How long... by travel and transport restrictions? These questions address critical elements of the structure... from travel bans to and from cities during the busiest holiday week in China’s Lunar New Year
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Newsletter 241 - 28/02/2020
borders for 72 hours so Syrian refugees can leave the country and travel on into Europe. Meanwhile... travel and trade due to the spread of the coronavirus. Trade with China will be among the first areas... in the coming tourist season. The impact of restrictions on travel out of China is already being felt
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Current account shows deficit of 1.29 bln in January
EconomyMacroeconomy. The services balance was down YoY by 17 percent, coming to 383.5 million euros. The travel balance showed a surplus of 80.2 million, rising against last year’s figure of 63.1 million. Travel receipts came to 286.6 million, rising by 24.4 percent while foreign arrivals rose by 19.7 percent YoY. Travel
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Tourism industry braces for outcome of gloomy Covid-19 scenarios
EconomyFeaturesof revenue, BoG data showed that in 2019, travel receipts came to 18.2 billion euros, a rise of 12.8... for revenues in Greek tourism across the year will be hardest hit. As travel restrictions come into effect... businesses. He added that tourists would take the decision to travel or not based on how safe they felt
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Newsletter 250 -11/05/2020
this week when it put forward some guidelines regarding travel this summer, although the recommendations... the proposals put forward by Athens, the issuing of a coordinated position on key aspects of travel... opposed as setting a barrier to air travel. The government is also pleased that the announcements
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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek Politicsthe tightening of EU-wide travel guidelines are causing further anxiety in the sector. In the coming... in the region came from hospitality, catering and travel in 2017, according to the tourism institute INSETE... percent YoY in April and travel receipts down 89.7 percent, and all hopes are now pinned on even a modest
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