Greek current account balance turns negative in October after four month of surpluses

EconomyMacroeconomy Tags: BoG, BOP
Photo by MacroPolis
Photo by MacroPolis

After posting a surplus in the preceding four months, Greece's current account (C/A) balance turned negative in October with a deficit of 199 million euros, according to the Bank of Greece (BoG).

However, this year’s figure is 37 percent smaller than the 316 million euros recorded in October 2013.

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