Send to Kindle
www.pixabay.com
A significant increase in tourism revenue in the first half of the year helped Greece to reduce its current account deficit, more than the growth in imports. This is indicated by the Bank of Greece data.
The tourism revenues for the first six months of 2019, were € 5.5 billion, up by 15.3% from € 4.77 billion for the same period in 2018.
At the same time, there has been an increase in the tourism-related transport sector. Its revenue increased by 7.3%, most notably passenger transport.
In the first half of 2019 imports increased by 4.2% on a yearly basis, to 27.8 billion, while exports increased by only 1.6% to 16.2 billion.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A nationwide strike in Greece has brought the country's transport networks to a standstill, affecting railways, ferries, buses, taxis, and more
In a bold move to amplify their demands for higher wages and better working conditions, journalists across Greece have embarked on a 24-hour strike, effectively halting news broadcasts for the duration
In a demonstration of solidarity and protest against the government's economic policies, media workers across Greece have initiated a 24-hour strike, aligning themselves with the call for protests issued by labor unions
In a bid to uphold the principle of free access to beaches, Greek authorities have implemented strict regulations, warning of hefty fines for violators.
With the aim to bolster renewable energy infrastructure, the European Commission has greenlit funding of 1 billion euros for two key projects in Greece
As Easter approaches, Greeks are facing the highest lamb prices in recent years, prompting many to seek alternatives across the border in Bulgaria
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
