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Mitsotakis courts French investments, announces corporate tax cuts
PoliticsGreek Politicsexploration in Greek waters. Mitsotakis said that he saw European participation in such project... be a pleasant surprise in terms of growth. There was no announcement regarding primary surplus targets, which
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Growing Greece: From narrative to reality
Agorabringing New Democracy to power with a clear majority, the result, which saw a swing of about 1 million.... There are several reasons to be sceptical about whether the new Greek “economic miracle” or “pleasant surprise
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammea preference for an ambitious, front-loaded adjustment, the report notes that the IMF clearly saw... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent
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Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
EconomyMacroeconomyGreece's travel receipts rebounded 8.2 percent to 220.6 million euros in March after dropping... travel surplus by 3.6 percent to 62.1 million from 64.4 million a year ago. The change in travel... slipped 0.3 percent. The aggregate figures for the first quarter (Q1) displayed travel receipts stayed
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Lower foreign arrivals lead to 7 pct drop in April travel receipts
EconomyMacroeconomyGreece's travel receipts fell by 7 percent in April after a short-lived rise by 8.2 percent in March, Bank of Greece (BoG) figures displayed on Wednesday. In absolute terms, travel receipts stood.... As a result, the travel surplus dropped by 10 percent to 279.6 million. The negative change in travel
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Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomyGreece's travel receipts dropped for the fourth successive month in July, albeit at a slower pace... on Wednesday. In absolute terms, travel receipts stood at 2.85 billion euros in July, while the corresponding payments soared 33.5 percent to 243.3 million, leading the travel surplus down 5.9 percent
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Travel receipts fall by another 3.1 pct in Feb on lower spending
EconomyMacroeconomyGreece's travel receipts continued to fall in February, when they dropped by 3.1 percent, after... by 32.5 percent to 96.8 million. As a result, the travel surplus climbed to 48.3 million in February... for the 2-month period showed travel receipts fell by 2.7 percent to 309.9 million, while
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Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
EconomyMacroeconomyGreece's travel receipts rose by 14.2 percent in June, picking up pace from the growth of 1.7..., the travel surplus improved by 15.5 percent to 1.91 billion from 1.66 billion a year ago. The rise... figures for the first half of the year showed that travel receipts rose by 7.1 percent to 4.11 billion
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Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
EconomyMacroeconomyGreece’s travel receipts increased by 5.3 percent in July, slowing from the increase of 14.2... in July, while payments fell by 9.8 percent to 190.2 million. This pushed the travel surplus... which stood at 578.4 euros. The figure for this June was 589 euros. During the month of July, travel
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Travel balance up by 18.5 pct in August as foreign arrivals increase
EconomyMacroeconomyGreece’s travel receipts increased by 16.4 percent in August compared to the 5.3 percent increase... in August, while payments fell by 14.3 percent to 165.7 million. This led to the travel surplus to 3.36... euros. During August, travel receipts from the 28 European Union (EU) countries rose by 38.6
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