greece tourism income down 151 in q1
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Greece, tourism income down 15.1% in Q1

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Emiratesvoice, emirates voice Greece, tourism income down 15.1% in Q1

Athens - ANSA

Fewer German, British and Russian tourists visited Greece in the first quarter, contributing to a 15.1% drop in tourism receipts compared to the same period a year earlier, daily Athens News reported quoting figures from the Central Bank. The drop dampens hopes for a strong tourism season this year to help the economy. A key sector for the 215 billion euro economy that accounts for about a fifth of gross domestic product (GDP), tourism helped to narrow the government\'s current account gap to 9.8% of GDP in 2011. The Bank of Greece said receipts from Russian and German visitors were down by 41% and 7.9% respectively, while those from British travellers - the country\'s second-biggest tourism market after Germany - fell 11%.(ANSAmed).

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