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  1. Travel Balance
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    Statistics

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  2. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    ) on higher travel spending by non-residents. The strong monthly performance led the C/A deficit to July... tourism season led travel spending by non-residents up 12.3 percent yoy at 2.36 billion in July... percent yoy at 8.68 million. Overall, the travel surplus to July soared by 22.2 percent yoy at 4.65

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  3. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    travel spending by non-residents up 12.4 percent to 2.85 billion in August. The respective eight months... by 14.7 percent. Overall, the travel surplus to August soared by 17.9 percent to 7.8 billion... the travel balance in the coming months. Finance Minister Yannis Stournaras had noted at a conference

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  4. October C/A deficit drops to 351 mln, down 39.1 pct over year

    EconomyMacroeconomy

    travel receipts, and an improvement in the balance of current transfers by 84 million. Despite.... The already evident strong tourism season sparked an increase in travel spending by non-residents... in non-residents’ arrivals by 15.5 percent. Overall, the travel surplus to October soared by 17.9

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  5. Q1 GDP contracts 1.1 pct as Greece eyes growth in 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    and most notably in Q3. The World Travel and Tourism Council report on Greece showed the total contribution of travel and tourism to GDP stood at 16.3 percent in 2013. In addition, international tourist arrivals and travel receipts surged 18.7 and 16.4 percent respectively in 2013, according

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  6. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    construction, financial services and sea transport services. In contrast, the travel surplus improved... receipts. On the other side of the spectrum, travel surplus rose by 22.6 percent to 69.1 million... on the evolution of Q1 travel receipts and arrivals on Monday. The breakdown of the other key C/A components

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  7. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    to lower net receipts from transport and other services. In contrast, the travel surplus slightly improved by 1.9 percent to 1.72 billion arising from a broadly similar rise in travel receipts by 1.2... than offsetting a drop in the relevant travel spending per trip. The substantial deterioration

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  8. Turnover in tourism sector increases by 9.9 pct in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    that travel receipts increased by 4.7 percent to 12.57 billion euros. This reflected a rise... from Russia plunged 62.1 percent. The respective travel receipts by visitors’ country of origin... respectively. Travel receipts from Germany and France recorded single-digit rises of 7.4 and 3.1 percent

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  9. Greek tourism: Hopeful yet uncertain for 2016
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    EconomyFeatures

    to data from the Bank of Greece in December 2015. A report in April by the World Travel and Tourism... in passengers. The Bank of Greece reported in February that Greece's travel receipts fell..., corresponding payments slipped 1.4 percent to 137.5 million euros. This resulted in a travel balance

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  10. Current account deficit widens to 412 mln in May
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    EconomyMacroeconomy

    sea transport receipts. In addition, travel receipts fell 10.4 percent to 1.1 billion in May despite a rise in non-residents’ arrivals by 4.4 percent. As a result, travel surplus retreated 11.3... to capital controls. Moreover, travel receipts decreased 6.2 percent to 2.08 billion in the 5-month period

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