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BoG reports sees resilience in Greek economy, urges focus on further reforms
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Greece faces prolonged price pressures despite US–Iran deal
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Strong arrivals push travel balance up 58.5 pct by April
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Energy continues to lead industrial turnover growth of 23% YoY in April
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
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Car sales remain strong, rising by 3.3% YoY up to May
Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
Greece’s trade deficit narrowed 2.1 percent to 1.4 billion euros in December, while the respective figure for 2013 fell 11 percent to 19.34 billion, according to the Hellenic Statistical Authority (ELSTAT).
The change to December shows a continued deceleration since April, when it peaked with a 20.5 percent decline. The slower negative rate in the last three quarters of 2013 is attributed to exports decreasing at a higher rate than imports.
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