C/A Deficit Set To Unwind Through 2013

Slovakia's current account deficit widened to EUR576mn through the first three months of the year, according to the latest data from the National Bank of Slovakia (NBS), up from EUR196mn and EUR2mn through the same time period in 2008 and 2007, respectively. The deterioration in the current account owed primarily to a widening in the services trade account, which posted a deficit of EUR396mn in Q109, compared to a shortfall of only EUR84mn in

To read the full article, please choose one of the following options: