Chart of the week
Balance of Payments
Greece’s current deficit widened unexpectedly in March, after two more moderate deficits at the start of the year, reaching 2.4 billion euros, from 1.32 billion in February, more in line with the deep deficits of last year, when in March 2022 it was 2.53 billion euros. The deficit for the balance of goods also widened in March and came to 2.61 billion euros, compared to a deficit of 2.67 billion euros in the same month last year. The impact of fuel has intensified as the oil balance reached a deficit of 709.2 million euros, from 398.7 million euros last year.
