International macroeconomics

Greek current account surplus widens

Greece's current account balance showed a larger surplus in May compared to the same month last year, on the back of an improved balance in the primary income account due to lower net payments for interest and dividends, the Bank of Greece said on Friday.

Central bank data showed the surplus at 301 million euros from a surplus of 37 million euros in May 2018.

Current account deficit shrinks in April, tourism revenues up

Greece's current account balance showed a slightly smaller deficit in April compared to the same month last year, on lower payments for fuel imports and higher receipts from transport services, the Bank of Greece said on Thursday.

Central bank data showed the deficit at 1.4 billion euros ($1.58 billion) from a deficit of 1.486 billion euros in April 2018.

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