Balance of payments: December 2018
(WorldNews Greece)

Current account In December 2018, the current account showed a deficit of EUR1.5 billion, up by EUR41 million year-on-year. The widening of the current account deficit is attributable to a deterioration of the balance of goods, while the balance of services and the primary and secondary income accounts improved. The deficit of the balance of goods grew as a result of a worsening primarily in the balance of goods excluding oil and, secondarily, in the oil balance. It should be noted that, at constant prices, total exports of goods decreased by 3.5% (non-oil exports of goods remained unchanged) and total imports of goods decreased marginally (non-oil imports of goods grew by 3.4%). The surplus of...