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EconomyFeatures
How Iran war is reshaping Greece’s economy The war in Iran has entered its second month, precipitating what the International Energy Agency (IEA) describes as the “largest supply disruption in the history of global oil markets”.
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EconomyFeatures
Iran war creates turbulence for Greek tourism outlook The Iran war has introduced a level of volatility into the Greek tourism sector not seen since the pandemic in 2020. Four weeks into the conflict, the effects are already visible: jet fuel costs have doubled, pushing airfares higher, while the paralysis of Middle Eastern aviation hubs has severed vital connections to the East.
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EconomyMacroeconomy
Strong travel receipts in Jan, balance up 157.6 pct YoY Greece's travel balance recorded a surplus of 234 million euros in January, compared to 313.2 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday.
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EconomyMacroeconomy
Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln Greece's travel balance recorded a surplus of 313.2 million euros in December, compared to 74.7 million euros in November, according to data released by the Bank of Greece (BoG) on Tuesday.
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EconomyMacroeconomy
Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct Greece's travel balance recorded a surplus of 505.2 million euros in November, compared to 1.99 billion euros in October, according to data released by the Bank of Greece (BoG) on Wednesday.
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PoliticsGreek Politics
Air traffic blackout and trimming of university registers open new fronts for government The government's political opponents, but also aviation experts, are calling on the centre-right administration to take action regarding Sunday's outage of Greece's air traffic control systems. The authorities are under pressure to find out why the blackout occurred but also to urgently upgrade civil aviation infrastructure and technological capability to ensure that Greek skies are safe.
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EconomyMacroeconomy
Tourism sets new record in 2025 with 22.4 bln receipts up to Oct Greece's travel balance recorded a surplus of 1.99 billion euros in October, compared to 3.14 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday.
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EconomyMacroeconomy
Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year Greece's travel balance recorded a surplus of 3.14 billion euros in September, compared to 4.15 billion euros in August, according to data released by the Bank of Greece (BoG) on Monday.
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Economy
Low-productivity economy a legacy of adjustment without transformation A study by the Hellenic Observatory at the LSE paints a grim picture regarding the outcomes of Greece’s adjustment programmes that intended, in theory, to lead to an economic transformation that would shift the paradigm of economic growth.
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EconomyMacroeconomy
Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in Greece's travel balance recorded a surplus of 4.15 billion euros in August, compared to 4.18 billion euros in July, according to data released by the Bank of Greece (BoG) on Wednesday.