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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
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Travel balance to July soars by 19 pct, reaching almost 9 bln
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
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Loans managed by servicers broadly stable in Q2 at 71.16 bln
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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