Greece closed out 2013 with a trade surplus of 1.244 billion, against its 4.615 billion deficit the previous year, according to an announcement by the Central Bank of Greece, which pointed out that this was the first surplus since 1948. In fact, the institute specified, ever since trade balance data had begun to be published, Greece had only reported deficits. This performance, the central bank underscored, “is owing principally to a significant reduction of the trade deficit, equal to 2.4 billion, and of a surplus in transactions and services, particularly in the tourism sector”, which broke all records for foreign visitors in 2013.Greece closed out 2013 with a trade surplus of 1.244 billion, against its 4.615 billion deficit the previous year, according to an announcement by the Central Bank of Greece, which pointed out that this was the first surplus since 1948. In fact, the institute specified, ever since trade balance data had begun to be published, Greece had only reported deficits. This performance, the central bank underscored, “is owing principally to a significant reduction of the trade deficit, equal to 2.4 billion, and of a surplus in transactions and services, particularly in the tourism sector”, which broke all records for foreign visitors in 2013.
(InfoMercatiEsteri)
