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Travel receipts maintain momentum in May with 17.7 pct YoY rise
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
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Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
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Energy drives drop of 4.2 pct YoY in import prices drop for June
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Car sales rise by 6 pct YoY in Jun, up 3.1 pct in first half of year
Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct
The rate of increase in Greece's travel receipts significantly decelerated to 0.8 percent in May from 35.8 percent in April, according to the Bank of Greece (BoG).
In absolute terms this corresponds to receipts of 1.07 billion euros. Travel payments, meanwhile, fell 11 percent in May to 173 million. As a result, the travel surplus improved by a modest 3.4 percent in May, rising to 898 million euros from 868 millio...
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