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Serbian Foreign Trade Still Highly Negative

Published: July 17, 2013; 11:58 · (Vindobona)

Current Account Deficit to fall below 7% of GDP in 2013, the Serbian National Bank reports.

Serbian Foreign Trade Still Highly Negative / Picture: © Vindobona.org

In the year to May, Serbia’s current account deficit reached EUR 758 mln, down by 53.4% from the same period last year. In May 2013, Serbia recorded a surplus in its current foreign transactions amid a higher inflow of remittances and a lower outflow on account of interest payments on the one hand, and a rise in exports from September 2012 onwards, on the other.

The greatest…

This article includes a total of 244 words.

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