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Bank of Greece

Greece Tourism Receipts on Record Breaking Track for 2023

2023-06-21 by Phil Butler

Greece courtesy Pixabay

According to the latest data from the Bank of Greece, January-April 2023, non-resident traveler arrivals increased by 52.5%.

Tags: AirDNA, Bank of Greece, GNTO, Greece, Greece arrivals, Greece tourism, Greece tourism receipts, Greece tourists, Kyriakos Mitsotakis, UK travelers, US tourists

Bank of Greece Data Shows Travel Receipts Skyrocketed January-August 2022

2022-11-02 by Argophilia Travel News

samos

Data from the Bank of Greece has revealed highlights such as travel receipts in August 2022 rising by 28.1%, and an winning season.

Tags: Bank of Greece, Greece, Greece tourism, Greece tourism industry, Greece travel, tourism, travel, travel receipts

Weekend News Brief: Mixed Signals Prevail in Greece

2021-05-22 by Phil Butler

Greece’s economic experts, health experts, politicians, and business people seem to have different versions of the pandemic situation.

Tags: Bank of Greece, EODY, Greece, Greece Central Bank, Greece economy, Greece pandemic

On the Ropes – TUI Must Have a Win in 2021 or Else

2021-05-18 by Phil Butler

Georgioupolis Beach

TUI stocks are really in the toilet now on news that fears about COVID-19 variants have dampened traveler enthusiasm.

Tags: amber destinations, Bank of Greece, Brit tourists, Greece hotels, Greece tourism, Greece travel, Green countries, Green destinations, Harry Theoharis, hotel bankruptcies, NPLs, TUI, TUI shares, TUI stocks, UK travelers

Argo News Brief: COVID, IMF, and This Week’s Tourist Trends

2021-04-08 by Argophilia Travel News

This week travel experts discuss the need for Greece to adapt in the wake of COVID-19, and more news on the economy and summer vacations.

Tags: Bank of Greece, COVID-19 Greece, ETC, European Travel Commission, Greece economy, Greece tourism, Greece vaccine rollout, IMF, newsbriefs, vaccine rollout, vaccines, WTTC

A Pandemic Lesson Greek Hoteliers Refuse to Learn

2020-12-30 by Phil Butler

Ironman on Falasarna

Greek thought leaders are not really thinking ahead where sustainability is concerned. The pandemic “pause” opportunity is being wasted.

Tags: Bank of Greece, degrowth, Greece agrotourism, Greece competitiveness, Greece Ministry of Tourism, Greece tourism, overtourism, pandemic, Rachel Dodds, Retsos, SETE, Tanja Mihalic, UNWTO, wellness tourism, world crisis, Yannis Retsos

British Tourist Spending in Greece Way Up in 2019

2020-02-23 by Argophilia Travel News

Knossos Tourists

According to data from Bank of Greece, British tourist spending was up 31.9 percent last year. Offseason travelers account for biggest rise.

Tags: bank data, Bank of Greece, French Tourists, German tourists, Greece tourism, Greece travel, Greece travelers, Russian tourists, travel data

Will the Greek Paradise Be Paved Over Like Florida Was?

2019-10-16 by Phil Butler

Temple of Olympian Zeus in Athens

In Athens, tourism decision-makers are poised to turn Greece tourism into a Florida clone. Key leaders want investment to double visitors.

Tags: Bank of Greece, Brookings Institute, climate change, environmental concerns, Florida, Fulbright Scholar, Greece, Greece development, Greek tourism, NATO scholar, SETE, sustainable tourism, sustainable travel, Theodore Pelagidis, University of Piraeus, Yiannis Retsos

Bank of Greece Reports Rise in Greek Balance of Travel Services Surplus

2019-07-24 by Argophilia Travel News

Heraklion shopping

The Bank of Greece has reported a significant increase in Greece’s balance of travel services surplus for the first five months of 2019.

Tags: Bank of Greece, Greece tourism, tourism reports

Crete Rakes in 1/3 of All Greek Tourism: But Beware a Foreboding

2018-12-26 by Phil Butler

Over tourism

The island of Crete experienced a stellar tourism season for 2018 with roughly €5 billion euro being spent from January through October, according to figures from the Bank of Greece. Overall, Greece saw travel receipts exceed €15.6 billion, which is an increase of 9.9%, compared to the same period of 2017 and is primarily due […]

Tags: Bank of Greece, crete, Crete tourism, Crete tours, Egypt tours, Greece tourism, Greek tourism, INSETE, SETE, TUI, Turkey tourism

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Why We Embrace AI

At Argophilia, we believe in using every tool at our disposal to bring you the stories that matter. You may notice a certain precision in our data analysis, a specific flair in our visuals, or a rapid turnaround on complex topics. That is no accident—it is the result of our rampant use of artificial intelligence.

We use Gemini to help synthesize data, structure our reporting, and ensure our news remains as sharp as the reality we cover. When it comes to our imagery, we rely on the creative power of Midjourney and NightCafe, unless otherwise noted in our editorial credits.

We are not apologetic for this. In a fast-moving world, these tools allow us to focus on what really counts: investigating the issues, giving a voice to the marginalized, and maintaining the journalistic integrity you expect from us. We see AI not as a replacement for human judgment, but as an engine that amplifies our ability to inform, analyze, and tell the truth about our island and beyond.

We are writers and journalists first—but we are proud to be tech-enabled ones, too.

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Your go-to guide for foraging cretan horta

Stories of Interest

just the plane

Nearly 11,000 Aircraft Movements in August. Which Markets Led the Way

2026-09-04 By Kostas Raptis

Heraklion airport handles nearly 1.9 million passengers and 10,944 flights in August, driven by growth in international arrivals from Germany, the UK, and France.

Sitia olive oil

Greenhouses, Olive Groves, and Fishing Boats Disappear as Sitia’s Countryside Empties

2026-09-04 By Iorgos Pappas

Sitia’s countryside faces severe depopulation as greenhouses in Goudouras shrink, fishing boats dwindle, and the legacy of raisin and olive farming fades.

west nile virus Crete

West Nile Virus Cases Spread to Heraklion and Hersonissos in Crete

2026-09-04 By Iorgos Pappas

EODY reports new West Nile virus cases in Heraklion and Rethymno while Hersonissos is flagged as high-risk, prompting intensified mosquito spraying across Crete.

surfer dudes

Robert Voigt Remembers His Friend Nikos Chaldiadakis: One Day We Will Surf Together Again

2026-09-04 By Manuel Santos

Robert Voigt remembers his friend Nikos Chaldiadakis after the 71-year-old surfer was found dead off Gouves following a days-long search.

West Nile Virus Crete travel alert

West Nile Virus Areas Expand in Crete as Mosquito Control Intensifies

2026-09-04 By Arthur Butler

Crete has recorded three West Nile virus cases as Heraklion and Archanes-Asterousia join affected areas and mosquito control measures continue.

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