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  1. Turnover in tourism sector rebounds 2.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    travel receipts fell by 5.5 percent to 12.08 billion euros in the 9-month period fully attributed... by 3.5 percent to 21.34 million. The breakdown displayed showed that travel receipts from EU countries.... Although all estimates and figures point to a positive volume growth for the whole year, travel receipts

    8%
  2. Newsletter 137 -27/10/2017

    Newsletters

    to 3.83 billion euros. The main driver behind this was the travel balance, which grew by 18.5 percent to 3.36 billion euros. The growth stemmed from a rise in travel receipts by 16.4 percent to 3.52 billion, while travel payments fell by 14.3 percent to 165.7 million. On an aggregate basis, the C

    8%
  3. Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that travel receipts rose by 6.2 percent in the first half (H1) of the year, driven by an increase... euros year-on-year. In 2016, travel revenues decreased by 6.4 percent to 13.22 billion, fully... to 26 million in 2017. Furthermore, travel receipts are foreseen to increase by at least 1 billion

    8%
  4. January current account deficit at 585.8 mln as goods balance worsens
    Photo by Yannis Drakoulidis/Fosphotos

    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

    8%
  5. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    to 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

    8%
  6. January current account deficit at 1.18 bln as underlying components deteriorate
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    by 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

    8%
  7. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    rose 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

    8%
  8. Turnover in tourism drops by 19.2 pct in Q1
    Photo by MacroPolis

    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

    8%
  9. GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    percent 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

    8%
  10. Turnover in tourism rises by 12.9 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’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

    8%