Surge in tourist spending in Greece helps ease countrys annual current account gap

A rise in tourism revenue in Greece for the first eight months of the year has led to the country’s cumulative current account deficit falling in August. Spending by foreign visitors is becoming the only growth driver for the eurozone’s worst performing economy. Tourism receipts, the country’s biggest foreign-currency earner rose 12.4 percent year-on-year to 2.84 billion euros ...

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