MacroPolis

Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021

Greece closed 2022 with a current account deficit of 2.66 billion euros, down from 3.93 billion euros in November 2022, Bank of Greece (BoG) data showed on Monday.

Current account deficit widens to 3.93 bln in Nov, 17.48 bln in 11M

Greece posted a deep current account deficit (C/A) of 3.93 billion euros in November, from 2.7 billion euros in October, Bank of Greece (BoG) data showed on Friday.

BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist

The Bank of Greece (BoG) has joined the group of organisations that has incorporated the latest global challenges in its forecast for Greece, with growth next year seen declining substantially compared to the 6.2 pct envisaged for 2022.

Oct current account deficit widens to 2.7 bln - worst since 2008

Greece posted a deep current account deficit (C/A) in October of 2.7 billion euros, from a deficit of 811.4 million euros in September, Bank of Greece (BoG) data showed on Wednesday.

Travel receipts almost double, but current account deficit rises by 78 pct in 9M

Greece posted a current account (C/A) deficit of 811.4 million euros in September, from a surplus of 449.1 million euros in August, Bank of Greece (BoG) data showed on Monday.

Current account surplus drops in Aug, as 8M deficit jumps by 73 pct to over 10 bln

Greece posted a current account (C/A) surplus of 449.1 million euros in August, from 1.1 billion euros in July, Bank of Greece (BoG) data showed on Friday.

Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY

Greece posted a current account (C/A) surplus of 1.1 billion euros in July, from a deficit of 722.9 million euros in June, Bank of Greece (BoG) data showed on Tuesday.

Tourism shrinks June current account deficit, but goods deficit shoots up in H1

Greece posted a current account (C/A) deficit of 722.9 million euros in June, from a 2-billion-euro deficit in May, Bank of Greece (BoG) data showed on Friday.

Balance of payments shows shipping on course for bumper year, but economic benefits unclear

By: Georgia Nakou

Shipping provided the one bright spot in Greece’s trade balance in May, with transportation contributing 2.16 billion in receipts, compared to 1.44 billion the same month last year, an increase of 50 pct

Despite improvement in services, goods tip current account to deep deficit of 2 bln in May

Greece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros in April, Bank of Greece (BoG) data showed on Thursday.