Bank of Greece (BGC.BE)
- Reuters
UPDATE 1-Greek current account turns to surplus in January
Greece's current account turned to surplus in January compared to the same month last year on strong tourism and an improvement in secondary income account, the Bank of Greece said on Friday. Central bank data showed the current account surplus was 1.7 billion euros ($1.84 billion) in January, compared with a deficit of 162 million euros in January 2023. "The surplus of the secondary income account rose considerably compared with January 2023, due to higher net receipts in the other sectors of the economy," the bank said.
- Reuters
UPDATE 1-Greek September trade deficit halves on stronger tourism, lower imports
Greece's current account deficit more than halved in September compared with the same month last year on the back of stronger tourism and weaker imports, the Bank of Greece said on Monday. Central bank data showed the current account deficit was 404 million euros ($440.64 million) in September, down from a deficit of 850 million euros in the same month of 2022. Tourism receipts in September rose by 14.6% to 3.3 billion euros, as foreign arrivals increased by an annual 12.7%, Bank of Greece data showed.
- Reuters
UPDATE 1-Greek August trade surplus inches up on strong tourism
Greece's current account surplus slightly widened in August compared with the same month last year on the back of rising tourist revenues, the Bank of Greece said on Friday. Central bank data showed the current account surplus was 498 million euros ($526.39 million) in August, up from a surplus of 478 million euros in the same month of 2022. Tourism receipts in August, the peak of Greece's summer tourist season, rose by 5% to 4.36 billion euros, as foreign arrivals increased by an annual 10%, Bank of Greece data showed.
