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Greek current account balance shows 1.4-bln-euro surplus in June

Greece's current account balance showed a surplus of 1.4 billion euros in June, up 53 percent compared to the same period last year, the Bank of Greece said on Wednesday.In a report, the central bank attributed this development increased surpluses of the services and current transfers balances.These developments were partly offset by a rise in the trade deficit. The overall balance of goods and services recorded a surplus of 1.2 billion euros, compared with 1.0 billion euros in June 2013

ECONOMY

The withdrawal of peaches through free distribution to socially vulnerable groups will begin soon, Rural Development and Food Minister Giorgos Karasmanis said after a meeting on Tuesday with producers.

POLITICS

National Defence Minister Dimitris Avramopoulos met with U.S. Ambassador to Greece David D. Pearce at the ministry on Tuesday, ahead of an official visit to the United States on Thursday.

POLITICS

Government spokesperson Sofia Voultepsi on Tuesday said in an interview to ANA-MPA that the necessary corrections would be applied to the Single Real Estate Ownership Taxation (ENFIA) and order would be restored.

POLITICS

Main opposition SYRIZA leader Alexis Tsipras on Tuesday met a delegation from the Union of Hellenic Chambers, led by the organisation's president Constantine Michalos. The meeting was part of a series of contacts initiated by SYRIZA's leader ahead of the Thessaloniki International Fair (TIF) in September.

ECONOMY

TIF-Helexpo, the organiser of international trade fairs in Greece, on Tuesday said turnover rose 15.72 percent in the first half of 2014 compared to the same period last year.

GENERAL

Traffic police on Tuesday announced that vehicle circulation restrictions normally imposed in the central Athens area - within the boundaries of the so-called "daktylios" perimeter - will resume on Monday, September 15.

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