Still Expecting 2011 Current Account Deficit

September 2011
Emerging Europe Monitor: Central Europe & Baltic States;
The article offers forecast on the economic outlook, which focuses on the current account deficit, of Slovakia in 2011. It expects that the nation will remain in deficit despite the flip in the current account balance into surplus in February 2011. It reports that the deficit will widen from 3.4 percent in gross domestic product (GDP) in 2011 to 3.6 percent of GDP. It also predicts the widening income account deficit to overpass the merchandise trade surplus in the forecasted year.


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