Balance of Payments: July 2019
(WorldNews Greece)

Current account In July 2019, the current account showed a surplus of EUR1.3 billion, down by EUR34 million year-on-year. This development reflects an increase in the deficits of the balance of goods and of the primary and secondary income accounts, which was partly offset by a significant improvement in the services balance. The deficit of the balance of goods grew by EUR184 million, as, at current prices, the rise in imports exceeded the rise in exports, in both cases of fuel and non-fuel goods. It should be noted that, at constant prices, exports and imports of goods increased by 8.5% and 5.7%, respectively. A EUR281 million improvement in the surplus of the services balance is almost entirely...