Services help increase Greek current account surplus to 1.37 bln in June

EconomyMacroeconomy Tags: BoG, BOP, ELSTAT, Services

Greece's June current account (C/A) balance showed the country’s surplus widening by 53 percent to 1.37 billion euros from 898 million last year, according to the Bank of Greece (BoG).

The significant improvement mainly stems from an increase in the services’ surplus by 395 million euros, followed by a drop in the income deficit by 151 million and a rise in the current transfers’ surplus by 138 million. In contrast, the trade deficit ...

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