Current account turns surplus in July as travel steps up

EconomyMacroeconomy Tags: BoG, BOP
Photo by Pavlos Svoronos/Fosphotos
Photo by Pavlos Svoronos/Fosphotos

Greece posted a current account (C/A) surplus of 538.1 million euros in July, from a deficit of 1.34 billion euros in June, Bank of Greece (BoG) data showed on Monday.

In July 2020, the balance showed a deficit of 797.3 million euros, marking a significant annual reversal by roughly 1.4 billion euros annually.

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