• Greece’s current account narrows to €0.80 billion in February

Market news

20 April 2016

Greece’s current account narrows to €0.80 billion in February

The Bank of Greece released its current account data on Wednesday. Greece's current account deficit narrowed to €0.80 billion in February from €1.45 billion in February last year.

The Greek deficit on trade in goods declined to €1.45 billion in February from €1.59 billion in February last year, while the services surplus fell to €156 million from €382 million.

The primary income deficit turned into a surplus of €440 million in February from €140 million in February last year, while the deficit on secondary income turned into a surplus of €48 million from a deficit of €110 million last year.

The capital account surplus climbed to €244 million in February from €109 million last year.

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