Bank of Greece: Europeans contribute to rise in tourism in Greece

British and Germans spend the most

According to data released by the Bank of Greece, the balance of earnings in tourism was negative over the 10-month period until October, recording a 4.2% drop compared to 2015.
For the month of October Europeans contributed by 14.2% in tourist income in the industry, with the British and Germans spending the most. The increase in earnings is accounted for by an impressive rise in arrivals from abroad of 17.3% in October.
For the January-October 2016 period, the travel balance of earnings showed a surplus of 11.318 billion euros, a 5.5% fall compared to the same period in 2015. This was the results of both a decline in travel earnings by 4.2%, as well as an increase in travel payments by 5.2%. Inbound tourism stood at 2.174 million tourists in October 2016, recording a 17.3% rise compared to 2015, with air flight tourism going up by 26.3%, while arrivals via land dropped by 10.9%.