Shipping revenues rose 20 pct in the last four years despite the imposition of capital controls in 2015, highlighting the industry’s contribution in the Greek economy, Governor of the Bank of Greece Yannis Stournaras announced on Wednesday, according to ANA.
Greek banks’ exposure in the shipping sector surpasses 8.0 billion euros, most of it in foreign currency (US dollars). The Greek merchant shipping fleet surpassed the 3,000 level for the first time ever at the end of 2018, with a capacity exceeding the 200-million-ton level for the first time this year.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
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