Reuters logo
Greek current account swings into deficit in October
December 21, 2016 / 11:38 AM / a year ago

Greek current account swings into deficit in October

ATHENS (Reuters) - Greece’s current account posted a deficit in October compared to a surplus in the same month a year earlier, the Bank of Greece said on Wednesday.

People are silhouetted under a fluttering Greek national flag atop the archaeological site of the Athens Acropolis, Greece, March 20, 2015. REUTERS/Alkis Konstantinidis/File Photo

The data showed the deficit reached 198 million euros (166.60 million pounds) from a surplus of 265 million euros in October 2015. Tourism revenues rose to 1.03 billion euros from 899 million euros in the same month a year earlier.

In 2015 as a whole, Greece posted a current account surplus of 205.8 million euros, helped by higher tourism revenues - its biggest foreign currency earner.

Reporting by Karolina Tagaris

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below