Cur­rent ac­count deficit ex­pands

Kathimerini English - - Focus -

Greece’s cur­rent ac­count deficit grew in May com­pared to the same month a year ear­lier due to wider trade and pri­mary in­come gaps, the Bank of Greece said yes­ter­day. The data showed the deficit at 582 mil­lion eu­ros from 457 mil­lion eu­ros in May 2016. Tourism rev­enues rose slightly to 1.094 bil­lion eu­ros from 1.075 bil­lion in the same month a year ear­lier. “A yearon-year rise of 137 mil­lion eu­ros in the deficit of the bal­ance of goods was mostly at­trib­ut­able to an in­crease in the deficit of the non-oil bal­ance of goods,” the Bank of Greece said. Non-oil ex­ports of goods

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.