Travel receipts surge but data is incomplete

[File photo]

Greece recorded a much than 80% year-on-year emergence successful travel receipts successful February, starring to a slight ‌improvement successful the nation’s finances but connected the ground of incomplete data, the cardinal slope has said.

The nationalist statistics authorization postponed trade figures, citing prime issues without giving further ⁠explanation, meaning the Bank of Greece could not merchandise information for the equilibrium of goods and so the wide existent relationship balance.

The Bank of Greece said travel receipts jumped 83.2% from a year earlier to €533.4 million, driven by a 44.5% summation successful non-resident arrivals.

A narrower ‌transport ⁠surplus and a deterioration successful different services, however, astir wiped retired the gains.

The superior income relationship shortage astir doubled from a year earlier, mostly owed to ⁠lower nett receipts from different superior income, while the secondary income relationship shortage widened connected higher nett authorities ⁠payments.

As travel receipts underpinned the system for the archetypal two months of the year, arrivals roseate ⁠by 38.5% and related revenues jumped by 70.7% from the aforesaid play successful 2025. [Reuters]