August sees third Greek C/A surplus in a row, reaching 1.82 bln

EconomyMacroeconomy Tags: BoG, BOP
Photo by MacroPolis
Photo by MacroPolis

Greece's current account (C/A) balance recorded a surplus for the third successive month in August. It reached 1.82 billion euros, which is 50.4 percent year on year (YoY), according to the Bank of Greece (BoG).

The significant improvement mainly reflects an increase in the services’ surplus by 425 million euros and – to a lesser extent – a narrowing of deficits in the accounts for current transfers (by 108 million), goods (by 62 million) and income (by 17 mill...

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