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Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
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Record travel receipts and narrower trade deficit reflected in current account up to May
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
Current account in surplus for 2nd straight month in June but down 20 pct on 2014
Greece's current account (C/A) balance displayed a surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), reaching 1 billion euros from 1.25 billion in 2014, according to the Bank of Greece (BoG).
The YoY deterioration mainly reflects a widening of the primary income deficit by 100 million and a narrowing of the secondary income surplus by 89 million. In addition, the services surplus eased by 39 million, whilst the goods’ deficit widened by 23 m...
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