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Greece Reports Surge in Tourism and Rising Energy Prices

Greece’s tourism sector demonstrates significant recovery, with a 19% increase in arrivals from July to September compared to pre-pandemic levels, according to the European Travel Commission. This growth matches similar trends in Portugal, while Malta and Serbia outpaced both nations. In contrast, Baltic countries and Slovakia experienced declines in tourist numbers. Meanwhile, wholesale electricity prices have surged 72% weekly and 110% monthly, raising concerns about impending retail price hikes. As the energy market evolves in Southeast Europe, the potential impact on consumer costs remains a critical issue.

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