Bank of Greece announces current account surplus for October
The latest figures published by the Bank of Greece show that there was a 314.2 million euro surplus in the current account…
The latest divs published by the Bank of Greece show that there was a 314.2 million euro surplus in the current account balance in October, compared to a 456 million euro deficit that was documented during the same period last year.
According to the central bank, this significant improvement is primarily attributed to the major drop in the price of fuel and oil.
During the same month, tourist revenue slightly dipped to 961 million euros, compared to 1 billion euros in October 2014. Last year, there was a surplus current account balance of 1.66 billion euros, compared to a 1.09 billion euro deficit in 2013, thanks to higher revenue from tourism.