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  1. 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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  2. 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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  3. 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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  4. Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year

    EconomyFeatures

    stays amounted to 232.5 million, a rise of 2.4 percent year-on-year (YoY) while travel receipts... were visitors from Germany, followed by the UK and the USA. Expenditure per visit to the 13 regions... important markets for Greece in 2019, based on receipts, were Germany, UK, the USA, France and Italy

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  5. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    Crisis Readiness report, following the SARS crisis, the World Travel and Tourism Council (WTTC..., allowing visitors to travel to Greece as early as September, possibly saving the final quarter. However... is anticipated to fall by 87 percent. The USA contributed 6.5 percent of overall tourism revenue

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  6. 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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  7. 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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  8. Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece'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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  9. Strong travel balance brings current account surplus to 1.83 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    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. A 14.3 percent rise

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  10. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’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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