Monday, October 22, 2012

Greece posts current account surplus in August


 Greece posted a current account
surplus for the second month in a row in August, helped by a
shrinking trade deficit, the Bank of Greece said on
Monday. 
 The current account balance showed a surplus of 1.6 billion 
euros ($2.08 million) from a deficit of 102.8 million euros in 
the same month last year. 
 
 Tourism receipts rose 2.9 percent year-on-year to 2.498  
billion euros in August. In the first eight months of the year, 
tourism receipts declined by 3.4 percent to 7.464 billion euros
year-on-year.
 
Read more..
 
Reuters