Tourist Visits, Spending in Greece Rise in First Half of Year

Spending by non-residents in Greece
increased 12.6 percent in the first half of the year from a year
earlier as the number of tourist arrivals increased.

The number of non-resident visits rose 13.9 percent between
January and June, compared with the first six months of 2010,
the Bank of Greece said in a statement posted on its website
today.

The improvement in the tourism industry helped narrow the
country’s current account deficit, which decreased 258 million
euros ($371 million) to 1.58 billion euros in the first half,
according to the statement.

Tourism accounts for about 16 percent of Greece’s gross
domestic product, according to the London-based World Travel and
Tourism Council
.

To contact the reporter on this story:
Marcus Bensasson in Athens at
[email protected]

To contact the editor responsible for this story:
Craig Stirling at
[email protected]


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