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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomy). The services balance shrank by 81.7 percent YoY to stand at 328.2 million euros in May. The travel balance... billion. Travel receipts came to 13.1 million, falling by 99.2 percent as foreign visitor arrivals declined by 97.7 percent. Travel payments came to 4 million, also down 98.2 percent. These sharp declines
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Clash over institutional interference primes political mood ahead of local elections
PoliticsGreek Politicswith Chinese officials over Huawei’s efforts to counter US efforts aimed at limiting the telecom giant’s expansion. The claims were made in the wake of a New York Times article that alleged Huawei’s.... Georgiadis denied having any kind of inappropriate relationship with Huawei and insisted that he
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyGreece's travel receipts rose by 9.1 percent in January, after a modest increase of 1 percent in December, according to the Bank of Greece (BoG). The absolute figures showed travel receipts stood at 169.7 million euros in January 2015 from 155.5 million last year. Travel payments displayed a slower
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Drop in arrivals and spending impinge on H1 travel receipts
EconomyMacroeconomyThe balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6... released by Bank of Greece on Monday. Travel receipts dropped year on year by 5.4 percent to 1.85 billion.... Travel payments dropped more sharply, by almost 24 percent to 132 million euros. Year to date
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyGreece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG... million, leading travel surplus down by 60.6 percent to 15.3 million. The revenue drop is fully due... breakdown of travel revenues showed mixed trends among the five key countries. Receipts from Russia
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Strong travel balance brings current account surplus to 1.83 bln in August
EconomyMacroeconomyto 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. A 14.3 percent rise
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Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
EconomyMacroeconomyGreece’s travel balance fell by 135.2 percent year-on-year in February compared to a rise of 3.4.... This led to the travel balance landing on a deficit of 6.9 million for the month, compared.... The average expenditure per trip rose by 3.4 percent year-on-year to 312.30 euros. Travel receipts from
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Travel surplus rises by 48.2 pct in March as receipts increase
EconomyMacroeconomyGreece’s travel balance rose by 48.2 percent year-on-year in March, recovering from a 135.2 percent... came to 173.1 million. As a result, the travel balance came to a surplus of 79.1 million euros... 708,200. The average expenditure per trip also rose by 14.9 percent year-on-year to 348 euros. Travel
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomyGreece’s travel balance rose sharply by 38.2 percent in May, recovering strongly from April’s... for the month, an increase of 34.7 percent. Travel payments increased at a slower pace of 16 percent to 201.5 million. As a result, the travel balance came to a strong surplus of 1.27 billion euros
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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
EconomyMacroeconomyGreece’s travel balance increased significantly to 51 million in February from 18.5 million a year..., increasing by 29.6 percent year-on-year (YoY). Travel payments also increased by 10.7 percent and came... to 414.60 euros. Travel receipts from the 28 European Union (EU 28) countries increased by 27.3 percent YoY
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