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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomythe corresponding travel receipts accounted for 14.3 percent of the total. In absolute terms, arrivals from the UK stood at 2.4 million in 2015, while travel receipts amounted to 2.02 billion euros. In addition
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Newsletter 83 - 22/07/2016
that travel receipts fell 10.4 percent in May despite a rise in non-residents’ arrivals by 4.4 percent..., travel figures for the five-month period showed a decline in receipts by 6.2 percent, which is only
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Added layer of complexity to Greek-Turkish relations in wake of failed coup
PoliticsForeign Policyto deliver visa-free travel for its citizens by October. Athens is already on alert as there has... will probably coincide with the EU's decision to grant, or not, visa–free travel to Turkish citizens
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Athens watches Turkey-Russia rapprochement with interest
PoliticsForeign Policythe migration deal with the EU if Turkish citizens aren’t granted visa-free travel to the European... on the issue of visa–free travel. It is estimated that 1,000 refugees have entered Greece following
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomytravel receipts also fell by 5.4 percent in June and by 5.8 percent in H1. The latest estimates... for the whole year to 25 million, while travel revenues are projected to increase by 6.4 percent
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Obama emphasises need for debt relief in Athens but Berlin keeps expectations low
PoliticsForeign Policy. According to the Bank of Greece’s travel receipt figures for August, there was just a 5.3 percent... lower than other leading sources of visitors such as Russia and Germany. Even more worryingly, travel
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomycontrols. In addition, travel receipts rebounded 2.3 percent in September, while dropped by 5.5 percent... year, travel receipts are expected to end up lower in 2016 from last year’s figure of 14.13 billion
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Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
EconomyMacroeconomyThe demand for airline travel to Greece remains very strong for 2017, particularly from German-speaking countries, according to INSETE, the Institute of the Greek Tourism Confederation (SETE... to 23.52 million in the 10-month period, while travel receipts fell by 4.2 percent to 13.11 billion
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyattributed to capital controls. Moreover, travel receipts also fell by 6.4 percent despite a growth of 5.1... Confederation (SETE) appeared optimistic on the prospects of the Greek tourism in 2017 estimating travel
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomyin transportation receipts. Travel receipts dropped by 4.8 percent. The latter is attributed to a 1.8... by 1.2 million (or 4.8 percent) to 26 million in 2017. Moreover, travel receipts are estimated to rise
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