• Greece’s current account narrows to €1.21 billion in November

Market news

20 January 2016

Greece’s current account narrows to €1.21 billion in November

The Bank of Greece released its current account data on Wednesday. Greece's current account deficit fell to €1.21 billion in November from €1.50 billion in November last year.

The Greek deficit on trade in goods declined to €1.59 billion in November from €1.70 billion in November last year, while the services surplus fell to €375 million from €567.6 billion.

The primary income deficit turned into a surplus of €27.4 million in November from a deficit of €274.4 million in November last year, while the deficit on secondary income declined to €23.4 million from €84.5 million last year.

The capital account surplus decreased to €190.2 million in November from 485.7 million last year.

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