Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
Industrial turnover rises by 7.7 pct in February
Feb current account deficit at 990.4 mln as services balance improves
Hirings balance positive by 43,737 in March
Primary cash balance at deficit of 34 mln in March
Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 12 mln
Greece's current account in surplus for the fourth consecutive month
The August current account (C/A) balance showed a surplus for the fourth consecutive month at 1.22 billion euros from 1.63 billion last year, according to Bank of Greece (BoG). The recorded drop year on year (yoy) mainly reflects an increase in the income and current transfers’ deficits by 295 million and 249 million respectively more than offsetting a rise in the services’ surplus by 259 million.
It is reminded that July C/A balance stood on positive grounds recording a surplus of 2.7 billion, also boosted by an inflow of 1.5 billion related to SMP income accruing to the ECB and payable to Greece following a Eurogroup decision in November 2012. ...
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