The Bank of Greece released its current account data on Friday. Greece’s current account deficit narrowed to €0.71 billion in March from €1.48 billion in March last year.
The Greek deficit on trade in goods declined to €1.53 billion in March from €1.97 billion in March last year, while the services surplus fell to €343 million from €467 million.
The primary income surplus jumped to €432 million in March from €74 million in March last year, while the deficit on secondary income turned into a surplus of €47 million from a deficit of €52 million last year.
The capital account surplus slid to €57 million in March from €321 million last year.
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