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  1. Travel balance rises by 21.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance edged up by 21.4 percent in October, following a much smaller rise of 0.8... for the month, increasing by 18.3 percent year on year (YoY). Travel payments fell by 1.3 percent and came to 160.5 million. The travel balance for the month reached a surplus of 1.25 billion euros compared

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  2. Travel balance rises by 73.5 pct in Nov, 9.7 pct in aggregate period
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance grew by 73.5 percent in November following a rise of 21.4 percent..., increasing by 42.5 percent year on year (YoY). Travel payments also rose by 18 percent and came to 151 million. The travel balance for the month reached a surplus of 174.8 million euros compared to a 100.7

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  3. Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent..., increasing by 40 percent year-on-year (YoY). Travel payments also rose by 53.2 percent and came to 252 million. The travel balance for the month reached a surplus of 13.8 million euros compared to a 25.4

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  4. Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance for 2018 recorded a surplus of 13.90 billion euros, increasing by 9.2... of Greece (BoG). The rise was driven largely by a 10 percent increase (+1.46 billion euros) in travel receipts compared to travel payments, which rose by 15 percent or 286 million. Foreign visitors were

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  5. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    Greece has welcomed the European Commission’s guidance on travel and tourism as a first step... aspects of travel was greeted with relief by the government and representatives of the tourism industry..., and which destination countries including Greece had opposed as setting a barrier to air travel

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  6. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    YoY to stand at 386.3 million euros in April. The travel balance showed a very slight surplus of 4.6 million, dropping by 97.8 percent against last year’s figure of 211.1 million. Travel receipts came to 7.3 million, dropping by 98.7 percent as foreign visitor arrivals dropped by 96.2 percent. Travel

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  7. Current account shows deficit of 913.9 mln in May as travel receipts evaporate
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    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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  8. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    in recent years, heavy taxation, especially VAT, remains a problem. In October 2015, a new rate of hotel VAT... hotel buildings that have not been used before. In the case of a transfer, a 2.4 percent stamp duty... duty, etc) may be due for the foreign investor. Greece’s hotel industry has been voicing concern

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  9. Greek travel receipts rise 9.1 pct in January as surplus doubles
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece'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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  10. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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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