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Greece recorded a more than 80% year-on-year rise in travel receipts in February, leading to a slight improvement in the nation’s finances but on the basis of incomplete data, the central bank has said.
The national statistics authority postponed trade figures, citing quality issues without giving further explanation, meaning the Bank of Greece could not release data for the balance of goods and therefore the overall current account balance.
The Bank of Greece said travel receipts jumped 83.2% from a year earlier to €533.4 million, driven by a 44.5% increase in non-resident arrivals.
A narrower transport surplus and a deterioration in other services, however, almost wiped out the gains.
The primary income account deficit nearly doubled from a year earlier, largely due to lower net receipts from other primary income, while the secondary income account deficit widened on higher net government payments.
As travel receipts underpinned the economy for the first two months of the year, arrivals rose by 38.5% and related revenues jumped by 70.7% from the same period in 2025. [Reuters]