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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
EconomyMacroeconomyGreece’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
EconomyMacroeconomyGreece’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
EconomyMacroeconomyGreece’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
EconomyFeaturesProperty 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
EconomyMacroeconomyThe 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.
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Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
EconomyFeaturesA study by the Institute of the Greek Tourism Confederation (INSETE) has projected that international tourist arrivals could drop by up to 7 percent in 2019.
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeaturesA survey by Grant Thornton Greece commissioned by the Hellenic Chamber of Hotels has indicated the alleged impact of the short-term rental market in Greece.
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Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
EconomyMacroeconomyGreece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent in November, Bank of Greece (BoG) data has shown.
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Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
EconomyMacroeconomyGreece’s tourism industry, which weathered the country’s economic crisis relatively well, has remained a strong revenue generator with aggregate figures for the nine-month (9M) period showing that the year already surpassed arrival predictions.
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Travel balance rises by 73.5 pct in Nov, 9.7 pct in aggregate period
EconomyMacroeconomyGreece’s travel balance grew by 73.5 percent in November following a rise of 21.4 percent in October, Bank of Greece (BoG) data has shown.