Greek C/A Surplus Falls in August
Monday, 21 October 2013
Greece's current account surplus shrank in August as the country's trade gap widened and the transfers' balance swung to a deficit, Reuters reported, quoting Greek central bank figures.
The current account balance showed a surplus of 1.221 billion euro ($1.67 billion) from 1.633 billion euro in the same month last year, the news agency reported.
Tourism receipts rose 12.4% year-on-year to 2.845 billion euro in August, bringing total revenue in the first eight months of the year to 8.698 billion euro, up 13.7% year-on-year.