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- Greece’s current account narrows to €0.78 billion in December
Greece’s current account narrows to €0.78 billion in December
The Bank of Greece released its current account data on Friday. Greece's current account deficit fell to €0.78 billion in December from €1.87 billion in December last year.
The Greek deficit on trade in goods declined to €1.49 billion in December from €2.04 billion in December last year, while the services surplus fell to €348 million from €521 million.
The primary income deficit turned into a surplus of €323 million in December from a deficit of €42 million in December last year, while the deficit on secondary income turned into a surplus of €43.5 million from a deficit of €309.5 million last year.
The capital account surplus decreased to €136.7 million in December from 245.3 million last year.
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