Greek daily news

Greek Daily News 02/05/2024

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ECONOMY

-Budget revenues from taxes in the first quarter of 2024 were 598 million euros above target, at 14.844 billion euros, the National Economy and Finance Ministry announced on Tuesday.

-The commission charged for “small retail” transactions via POS terminals is to be halved, by an amendment that the National Economy and Finance Ministry has added to a draft bill, AMNA reported. The highest clearance commission for transactions of up to 10 euros will not exceed 0.5% of the transaction under the bill.

-Piraeus Bank’s CEO Christos Megalou on Tuesday said the ATHEX-listed bank has proposed paying a dividend to shareholders for 2023 results, which means the Greek systemic lender will see a return for the first time in 16 years, if the proposal is approved.

TOURISM

-Travel receipts in 2023 totaled 20.59 billion euros, up by 16.5% compared with 2022, a final report by the Bank of Greece revealed. The country welcomed 30.08 million tourists, against 29.875 million in 2022.

-Ferries will depart on Holy Thursday and Holy Friday with a 100% occupancy rate, to serve the Easter traveler, Kathimerini reported. Meanwhile, international inbound traffic has been growing steadily, with available air seats in April up 12.2% and for May the picture points to a 15.1% increase, according to the Airdata figures tracker of the Institute of the Greek Tourism Confederation (INSETE).