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Strong Q1 for tourism as receipts rise by 64 pct YoY
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
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Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1
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EC forecasts slower growth, higher inflation as energy shock strikes
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Refined oil products propel 27.4 pct YoY rise in March industrial turnover
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Central government debt drops to 400.52 bln in Q1 due to lower repos
C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight
Greece's November current account (C/A) balance showed the deficit marginally shrinking to 744 million euros from 753 million last year, according to the Bank of Greece (BoG).
The 1.1 percent year on year (yoy) drop mainly reflects an improvement in the current transfers balance by 298 million and an increase in the services surplus by 25 million, which counterbalanced deterioration in the income balance by 323 million.
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