Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης
Προσθήκη του ot.gr στην
Ανακαλύψτε περισσότερα άρθρα στα αποτελέσματα αναζήτησης
Προσθήκη του ot.gr στην GoogleGreece’s current account deficit widened by about €1.5 billion in the first seven months of 2026, reaching €9.3 billion, according to figures the Bank of Greece released Monday. The ongoing surge in international oil prices now threatens to push the shortfall further, given how dependent the Greek economy remains on energy imports.
The deterioration came despite an improvement in the overall balance of goods and services. The goods trade deficit narrowed during the period, and tourism continued to provide a substantial offset. The renewed increase in oil prices, however, risks reversing that trend in the months ahead.
The energy account
The relationship between energy prices and external deficit is especially pronounced in Greece. When international oil and gas prices rise, the cost of the country’s energy imports rises with them, all else being equal.
Greece also has a sizable refining sector and exports petroleum products, so higher international prices lift the value of fuel exports as well. The net effect on the current account depends on the gap between imports and
Content Original Link:
Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
" target="_blank">Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
