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Tourism
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
A study by the Greek Tourism Confederation (INSETE) has indicated that tourism contributed between 25.7 and 30.9 percent of Greece’s GDP in 2018.
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Travel balance surplus up by 29 pct in Q1 to reach 165 mln
The balance of travel services came to a surplus of 165 million euros for the first quarter (Q1) of 2019 according to figures released by the Bank of Greece (BoG).
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Travel balance falls by 4.1 pct in April
Greece’s travel balance edged down to 200.3 million euros in April from 208.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decline of 4.1 percent.
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Turnover in tourism drops by 19.2 pct in Q1
The turnover index in accommodation and food services dropped into negative territory in the first quarter of Q1, showing a fall of 19.2 percent compared to Q4’s upward revised increase of 2.9 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period
Greece’s travel balance edged down by 94.8 million in March from 95.1 million a year ago, Bank of Greece (BoG) data has shown.
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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
Greece’s travel balance increased significantly to 51 million in February from 18.5 million a year ago, Bank of Greece (BoG) data has shown.
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
Greece’s travel balance for 2018 recorded a surplus of 13.90 billion euros, increasing by 9.2 percent from a surplus of 12.73 billion euros noted in 2017, according to figures released by the Bank of Greece (BoG).
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Travel balance rises to 66 mln in January
Greece’s travel balance rose notably in January with a surplus of 66 million compared to 13.5 million a year ago, Bank of Greece (BoG) data has shown.
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BoG data shows that overseas property investment revenue accelerated in 2018
Property investments from overseas parties have picked up in recent years in Greece, as illustrated by figures from the Bank of Greece (BoG) which showed that 1.35 billion euros worth of foreign property investments were made in Greece in 2018.
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Turnover in tourism grows by 2.8 pct during Q4 and 9 pct in 2018
The turnover index in accommodation and food services remained positive for a seventh continuous quarter in the fourth quarter (Q4) of the year, with an increase of 2.8 percent (ELSTAT) figures showed on Thursday.