Economy of Greece

Tourism income up 15.3 pct in H1 2019

A significant increase in tourism revenue in the first half of the year has helped narrow Greece's current account deficit, more than offsetting a rise in imports, data published by the Bank of Greece show.
Revenue from tourism in the first six months of 2019 was 5.5 billion euros, up 15.3 percent from the 4.77 billion earned in the same period in 2018.

Small shipping firms fight for market share

Large passenger shipping companies no longer dominate the Greek market. According to a study by XRTC Business Consultants, the big players, Attica Group (which operates Blue Star, Super Fast and Hellenic Seaways), ANEK and Minoan Lines, accounted for 38 percent of sea passenger traffic in 2018, down from 57 percent in 2014.

METKA bags solar project in Chile

Energy and construction group Mytilineos has announced that subsidiary METKA has been awarded the development of a solar energy project in Chile.
When completed in December 2020, the 170.65-megawatt Atacama Solar II unit is expected to provide power to more than 100,000 households.