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Newsletter 147 -19/01/2018
for the management of the facilities. The balance of travel services came to a surplus of 11.57 billion... year. The rise was driven largely by a 10.5 percent increase (1.24 billion euros) in travel receipts, compared to travel payments which fell by 4.8 percent to 74 million. Foreign visitors were up by 8
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January current account deficit at 585.8 mln as goods balance worsens
EconomyMacroeconomy. This was mainly caused by lower net services and travel receipts. Travel receipts fell by 3 percent to 153.1.... Travel payments also fell by 3.6 percent, leading to a services balance of 13.8 million, which
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Tourism accounts for 27.3 pct of Greek GDP in total, study shows
EconomyFeaturesto 44.8 percent of all employment. Travel receipts generated in 2017 covered around 80 percent of the balance of the trade deficit, or 14.7 billion out of 18.4 billion euros. Travel receipts made up 74... method of travel was by road (8.3 million, up by 8.7 percent) while arrivals by sea reflected a drop
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January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomyby 22.9 percent. Travel receipts rose by 53.2 percent to 232.4 million in January, driven by a 9.4 percent increase in international arrivals during the month. Travel payments also rose by 20.4 percent, leading to a travel balance of 66 million, a strong increase against the balance for last year which
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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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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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