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Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip
EconomyMacroeconomyGreece's travel receipts rose by 7.3 percent in August, more than double the previous month’s rate... travel receipts stood at 3.4 billion in August with the corresponding payment up 10 percent to 214 million. As a result, the travel surplus improved by 7.1 percent reaching 3.18 billion in August from
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Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
EconomyMacroeconomyGreece's travel receipts fell for the second straight month in February, when they declined by 3.8... the February travel balance to a deficit of 3.8 million from a surplus of 3.8 million last year. The decline in travel receipts is entirely attributed to a 14.9 percent decrease in non-residents’ arrivals
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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingEurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions
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OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
Economyto 13.5 percent in 2022. Exports will suffer a heavy hit this year, declining by almost a quarter... that an extremely weak tourism market impacted the economy in 2020 as even though travel restrictions were lifted
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Public deficit and democratic duty
Agorafollowing a presentation at the London School of Economics. “Members of the general public have a duty... what triggered Greece’s crisis is a matter of democratic duty. Nick Malkoutzis
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EU-Turkey refugee agreement: A life saver or a dud?
Agoraof the visa process for Turkish citizens, so they can travel freely in the Schengen Area, will be linked
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Newsletter 467 - 20/06/2025
for breach of duty. It also sidestepped broader, more severe charges proposed by opposition parties... summer holidays due to high travel costs and other priorities, especially among older demographics... and this could lead to an impact on tourism that will exceed the half billion euros of direct travel receipts
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Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
PoliticsGreek PoliticsPrime Minister Alexis Tsipras called snap elections on Sunday after SYRIZA suffered a heavy defeat in the European Parliament elections, making it virtually impossible for him to hold on until the end of the government’s term in September. New Democracy was on course late on Sunday to win
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Pandemic takes heavy toll on Greek workers, study finds
EconomyFeaturesof poverty. Losing a job comes at a particularly heavy price in Greece, since after two years
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