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[BUSINESS] · Greece, United States, Germany, United Kingdom, France · 38 sources

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Greece reports €5.77 billion primary surplus and rising tourism revenues

Greece's economic data for the first half of 2026 reveals a strong primary budget surplus of €5.77 billion for the January-July period, significantly exceeding the €4.417 billion target. Net revenues reached €45.258 billion, while the state budget recorded a deficit of €344 million.

In the tourism sector, total receipts for the first half of 2026 rose by 14.8% to approximately €8.8 billion. While visitor numbers increased by 15.4%, there are signs of shifting spending patterns. In June, average spending per trip fell by 6.2% to €688.5. Notably, US tourists remain the highest spenders with an average of €1,213 per trip, whereas German tourists averaged approximately €625.

Business performance in the hospitality sector shows mixed results for Q2 2026. Accommodation business turnover increased by 6.1%, reaching €3.30 billion, while catering service turnover saw a 2.5% decrease.

Additionally, the Greek island real estate market continues to grow. In the second quarter of 2026, demand for housing in Antiparos surpassed that of Mykonos. Crete saw significant price growth, with a 50% increase in asking prices over the five-year period ending in mid-2026.

Entities

Alexis Tsipras · Antiparos · Bank of Greece · Crete · ELSTAT · Egnatia Odos · Elliniko Casino · General Accounting Office of the State · Germany · Government of Greece · Greece · Hellenic Statistical Authority

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about 1 month ago