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Tuesday, August 20, 2013

Surging tourism revenues help Greece post wider surplus

The lure of the Grecian sun, as well as a smaller trade gap, pushed up Greece's current account surplus - which measures the difference between imports and exports - to EUR663m in June, from EUR73.1m a year ago. Tourism receipts, the country's biggest revenue stream, rose 21% year-on-year to EUR1.59bn in June, according to the Bank of Greece. This brings total tourism revenues in the ...

READ THE ORIGINAL POST AT www.greekherald.com