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  1. Current account deficit jumps to 742 mln in January

    EconomyMacroeconomy

    primarily stems from lower net transport receipts. In addition, travel receipts fell by 4.7 percent.... At the same time, the corresponding payment declined by 18.2 percent leading travel surplus to 32.1

    6%
  2. Greek economy braced for impact from Brexit, hopes effect will be limited

    Economy

    up 9.2 percent of total foreign arrivals in Greece, according to the BoG. However, travel receipts... vehicles. In addition, UK services’ exports to Greece are almost equally split between business, travel

    6%
  3. Tourism and exports expect impact from Brexit fallout
    Photo via Flickr https://flic.kr/p/882r2x

    EconomyMacroeconomy

    the 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

    6%
  4. Newsletter 83 - 22/07/2016

    Newsletters

    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

    6%
  5. Added layer of complexity to Greek-Turkish relations in wake of failed coup
    Photo by @PrimeministerGr

    PoliticsForeign Policy

    to 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

    6%
  6. Athens watches Turkey-Russia rapprochement with interest
    Photo by Vicente Villamón via Flickr https://flic.kr/p/6MoX4Y

    PoliticsForeign Policy

    the 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

    6%
  7. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    travel 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

    6%
  8. Obama emphasises need for debt relief in Athens but Berlin keeps expectations low
    Photo by Fosphotos

    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

    6%
  9. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    controls. 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

    6%
  10. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The 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

    6%