Current Transfers Balance

Current transfers refer to unilateral receipts and payments between residents and non-residents not related to fixed capital formation. The Current Transfers Balance mainly includes part of the transfers (receipts) from the EU community budget to the General Government (such as receipts from the Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF) and the European Social Fund), Greece’s contribution (payments) to the community budget, and emigrants’ remittances. EU transfers are distinguished between current and capital transfers based on information provided by the State General Accounting Office.

Current Transfers Balance: annual data

Current Transfers Balance: quarterly data