Greek Daily News 29/09/2023

ECONOMY

Over 17.4% of Greece’s population is at risk of poverty when only consumption expenditure coming from purchases is taken into consideration (up from 17.1% in 2021), according to the Hellenic Statistical Authority (ELSTAT).

-Funds amounting to some €13 billion have been moved into term deposit accounts since the start of the year, as their total now stands at €46.5 billion, from €33.4 billion in January, the Bank of Greece (BoG) data showed.

–Athens-listed Piraeus Port Authority SA (OLP) profits before taxes increased by 48.8% to €49.4 million, in the first half of fiscal year 2023, compared to €33.2 million in the same period of 2022.

-Greece’s balance of travel services posted a surplus of €3.88 billion euros in July 2023, up from €3.4 billion in the corresponding year of 2022, with travel receipts up by 15.1% to €4.146.2 billion euros, up from 3.601.7 billion euros in July 2022, BoG data showed.

TRAVEL

Greece was pronounced top island destination for 2023 at the awards ceremomy of the most popular Chinese travel magazine Travel and Leisure that was held on Thursday (Sept. 28) in Beijing, AMNA reported.