Current account

Tourism: 21.3 billion euros in tourism revenues in the nine months January – September 2024

Tourism revenues reached 21.3 billion euros in the nine months of January to September 2024, recording an increase of 4.1% compared to the same period last year.

According to data from the Bank of Greece, non-resident traveler arrivals increased by 9.3%.

Current account deficit caution

European Union institution representatives expressed concerns last week about the deficit of the current account balance, which reflects a deficit in the competitiveness of the economy.

Kathimerini understands the concerns were conveyed by staff-level experts who visited Athens in the context of the regular, post-program supervision.

Current account surplus decreases in July

Greece's current account surplus decreased in July year-on-year due to a deterioration in the balance of goods, the balance of services and the primary income account, while the secondary income account improved slightly, the Bank of Greece reported on Friday.

In January-July 2024, the current account deficit increased by 1.3 billion euros year-on-year and stood at €8.6 billion.

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