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Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln

Fri, 22 Apr 2016 06:53:00 GMT

Greece'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

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece 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

Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards

Wed, 22 Oct 2014 11:31:00 GMT

Greece's travel receipts grew by 10.3 percent in August from 14.4 percent in July, marking the third successive monthly increase, according to the Bank of Greece (BoG). In absolute numbers, travel receipts stood at 3.18 billion euros in August from 2.88 billion last year. At the same time, travel

Helped by trading gains, Eurobank posts 305 mln in Q1 profits

Thu, 26 May 2022 11:44:00 GMT

Eurobank 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

Pandemic takes heavy toll on Greek workers, study finds

Mon, 26 Oct 2020 12:51:00 GMT

of poverty. Losing a job comes at a particularly heavy price in Greece, since after two years... of three categories: Either they saw their work suspended for three months, were registered as unemployed

OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022

Wed, 02 Dec 2020 10:11:00 GMT

to 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

Public deficit and democratic duty

Fri, 11 Jul 2014 11:09:00 GMT

following 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

Travel balance down by 29 pct in April as receipts slump

Thu, 21 Jun 2018 12:47:00 GMT

Greece’s travel balance fell by 29 percent year-on-year (YoY) in April, dropping into negative.... Receipts came to 489.9 million euros for the month, edging up by 1 percent to 489.9 million. Travel payments increased by 37.8 percent to 299.9 million. As a result, the travel balance came to a surplus

Travel balance increases by 16 pct in June and 19.5 pct in first half of year

Tue, 21 Aug 2018 11:52:00 GMT

Greece’s travel balance rose by 16 percent in June, slowing from an increase of 38.2 percent in May..., an increase of 16 percent. Travel payments rose by 16.5 percent, but the absolute figure was much lower than receipts at 157.7 million. As a result, the travel balance came to a strong surplus of 2.17

Strong receipts push travel balance up by 15.9 pct in July

Fri, 21 Sep 2018 11:40:00 GMT

Greece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16... for the month, an increase of 14.4 percent. Travel payments showed an 8 percent decline and came to 166.3 million. This took the travel balance to a surplus of 3.22 billion euros compared to a surplus