Greece on track towards current account surplus in 2013, Oct. data show

Greece is heading towards its first current account surplus this year since it joined the euro area over a decade ago, central bank data showed on Friday.

The country posted a surplus of 2.2 billion euros in January-October, from a deficit of 3.4 billion in the same period last year thanks to record tourism receipts, the Bank of Greece said.

Tourism receipts, the country’s biggest money earner, rose 15 percent year-on-year to 11.6 billion euros, already ahead of a government target of 11.5 billion euros for the full year. [Reuters]

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