Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports

EconomyMacroeconomy Tags: BoG, BOP

Greece's current account (C/A) balance had a surplus of 4.25 billion euros in July, which is 3.3 times higher compared to the 1.27 billion posted last year, according to Bank of Greece (BoG) data published on Monday.

In contrast, travel receipts rose by 3.5 percent to 2.87 billion. This is attributed to an increase in non-residents’ arrivals by 4.4 percent, albeit at a slower pace compared to the 12.4 percent rise posted in June, largely reflecting the negative sent...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€450.00

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.