Economy of Greece
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.
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.