MacroPolis

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.

Travel balance back to normal, but Apr C/A deficit of 1.62 bln impacted by goods deficit

Greece posted a current account (C/A) deficit of 1.62 billion euros in April, from a 2.33-billion-euro deficit in March, Bank of Greece (BoG) data showed on Monday.

Current account deficit deepens in Mar, reaching 6.45 bln for Q1

Greece posted a current account (C/A) deficit of 2.33 billion euros in March, from a deficit of 2.12 billion euros in February, Bank of Greece (BoG) data showed on Friday.

Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021

Greece posted a current account (C/A) deficit of 2.12 billion euros in February, from 1.99 billion euros in January, Bank of Greece (BoG) data showed on Wednesday.

Current account deficit rises to almost 2 bln in Jan, highest since 2011

Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday.

December current account deficit at 1.71 bln, worst for eight years

Greece posted a current account (C/A) deficit of 1.71 billion euros in December, from 2.52 billion euros in November, Bank of Greece (BoG) data showed on Monday.

Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011

Greece posted a current account (C/A) deficit of 2.52 billion euros in November, from 780.8 million euros in October, Bank of Greece (BoG) data showed on Thursday.

Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance

Greece posted a current account (C/A) deficit of 780.8 million euros in October, from a deficit of 176.7 million euros in September, Bank of Greece (BoG) data showed on Tuesday.

Current account balance improves YoY in Sep thanks to a jump in services, led by travel

Greece posted a current account (C/A) deficit of 176.7 million euros, from a surplus of 1.41 billion euros in August, Bank of Greece (BoG) data showed on Friday.