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EconomyMacroeconomy
Better income account helps squeeze Greek C/A deficit in January Greece's January current account (C/A) deficit narrowed moderately to 295 million euros from 314 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades Greece posted a current account (C/A) surplus of 1.24 billion euros (0.7 percent of GDP) in 2013 for first time in decades, following a deficit of 4.62 billion in 2012 (2.4 percent of GDP), according to the Bank of Greece (BoG).
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EconomyMacroeconomy
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).
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EconomyMacroeconomy
October C/A deficit drops to 351 mln, down 39.1 pct over year Greece's October current account (C/A) balance showed Greece’s deficit shrinking to 351 million euros from 577 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year The September current account (C/A) balance showed a surplus for the fifth straight month at 964 million euros from 895 million last year, according to Bank of Greece (BoG).
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EconomyMacroeconomy
Greece's current account in surplus for the fourth consecutive month The August current account (C/A) balance showed a surplus for the fourth consecutive month at 1.22 billion euros from 1.63 billion last year, according to Bank of Greece (BoG). The recorded drop year on year (yoy) mainly reflects an increase in the income and current transfers’ deficits by 295 million and 249 million respectively more than offsetting a rise in the services’ surplus by 259 million.
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EconomyMacroeconomy
Greek C/A deficit to July narrowed to just 156 mln with boost from tourism The July current account (C/A) balance showed a surplus of 2.73 billion euros from 510 million euros last year, according to the Bank of Greece (BoG). The significant increase mainly reflects a jump in the current transfers’ surplus to 1.86 billion, from just 100 million last year, owing to an inflow of 1.5 billion related to SMP income.