Greek Current Account Surplus Widens In September

Greece’s current account surplus widened in September, the Bank of Greece said on Tuesday (19 November), helped by a rise in tourism receipts.

The current account balance, a key measure of economic competitiveness, showed a surplus of 964 million euros ($1.30 billion) from 895 million euros in the same month last year.

Tourism receipts, the country’s biggest money earner, rose 17.3 percent year-on-year to 2.07 billion euros in September, bringing total revenue in the first nine months of the year to 10.7 billion euros, up 14.3 percent year-on-year.

Source: Kathimerini