Slovak Jan-Aug C/A gap narrows y/y to SKK 64.0 bln

30.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Slovakia's current account showed a preliminary deficit of 64.0 billion crowns ($2.77 billion) in January-August, compared with an 86.96...

...billion gap in the same period of 2006, the central bank said on Tuesday.

The central bank revised the current account gap for January-July 2007 to 51.2 billion crowns from an originally reported 40.5 billion crown deficit.

Analysts expect Slovakia's balance of payments to improve significantly this year due to rising production at new car factories built by Kia Motors and PSA Peugeot Citroen . Most of the cars are exported.

[BRATISLAVA/Reuters/Finance.cz]

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