Greece’s deficit narrows as Slovakia’s deficit improves, Italy’s surplus declines and Bulgaria swings into deficit in June 2026

Greece’s current account deficit narrowed to €603 million in June from €960 million a year earlier in the latest Bank of Greece data, although an existing June 2026 record gave the previous-year comparison as €1.195 billion. The latest report attributed the improvement to a narrower trade gap, stronger goods and services exports, slower import growth, robust tourism and shipping receipts, and a smaller primary-income deficit. The existing record also reported that Greece’s goods deficit fell to €2.615 billion as exports rose 27.5%, outpacing 7.3% import growth, while the services surplus declined to €3.242 billion and the secondary-income deficit widened to €386 million. Greece’s first-half deficit nevertheless increased to €9.539 billion from €8.498 billion. Bulgaria’s current account shifted to a €488.3 million deficit from a €199.8 million surplus, while Slovakia’s deficit narrowed to €226.5 million and Italy’s surplus declined to €5.8388 billion. Greece’s narrower monthly deficit supports its external position and investor confidence, but global trade uncertainty and energy-price volatility remain risks.

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