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Greece on track for bumper tourism year, figures show
EconomyFeaturesGreece is anticipating another record-breaking year of tourism arrivals this year according to reports from several industry bodies as well as the Bank of Greece. An estimated 30 million visitors are expected to visit the country this year.
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomyGreece’s travel balance rose sharply by 38.2 percent in May, recovering strongly from April’s decline of 29 percent, Bank of Greece (BoG) data revealed on Tuesday.
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Travel balance records 127 mln surplus in Q1, much improved on last year
EconomyMacroeconomyThe balance of travel services came to a surplus of 127 million euros for the first quarter (Q1) of 2018 according to figures released by the Bank of Greece (BoG).
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Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomyGreece’s travel balance fell by 29 percent year-on-year (YoY) in April, dropping into negative territory after March’s growth of 48.30 percent, Bank of Greece (BoG) data revealed on Thursday.
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Turnover in tourism grows by 10.9 pct in Q1
EconomyMacroeconomyThe turnover index in accommodation and food services remained positive for a seventh successive month in the first quarter (Q1) of 2018, growing by 10.9 percent after an upward revision of the fourth quarter (Q4) to 7.5 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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Travel surplus rises by 48.2 pct in March as receipts increase
EconomyMacroeconomyGreece’s travel balance rose by 48.2 percent year-on-year in March, recovering from a 135.2 percent drop noted in February, Bank of Greece (BoG) data revealed on Tuesday.
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Tourism accounts for 27.3 pct of Greek GDP in total, study shows
EconomyFeaturesA study by the Greek Tourism Confederation (INSETE) has indicated that tourism was worth over one quarter of Greece’s GDP in 2017.
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Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
EconomyMacroeconomyGreece’s travel balance fell by 135.2 percent year-on-year in February compared to a rise of 3.4 percent in January, Bank of Greece (BoG) data revealed on Monday.
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Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
EconomyMacroeconomyThe balance of travel services came to a surplus of 12.73 billion euros for the full year in 2017, according to figures released by the Bank of Greece (BoG).
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomyGreece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday.