Slovakia's current account surplus widened in June 2014 to EUR 187mn from a revised surplus of EUR 168mn in May, preliminary data from the central bank showed. The May current account figure was revised from an initially reported surplus of EUR 149mn.
In annual terms, the current account surplus increased 33.6% in June.
The trade surplus rose to EUR 526mn in June from a revised EUR 495mn in May. On an annual basis, exports increased 1.8% in June, following a 2.4% drop in May, while imports fell 0.7% compared to a 0.3% drop a month earlier.
EUR mn | June-14 | May-14 | June-13 | 2013 |
Trade balance | 526 | 495 | 395 | 4,284 |
--exports | 5,343 | 5,529 | 5,249 | 64,361 |
--imports | 4,820 | 5,038 | 4,854 | 60,077 |
----exports, y/y change, % | 1.8% | -2.4% | -1.9% | 3.6% |
----imports, y/y change, % | -0.7% | -0.3% | -1.9% | 2.5% |
Balance of services | -18 | 15 | 12 | 148 |
Income balance | -209 | -207 | -159 | -1,810 |
Current transfers | -113 | -134 | -109 | -1,073 |
CURRENT ACCOUNT BALANCE | 187 | 168 | 140 | 1,548 |
Source: National Bank of Slovakia |
The oil flow from the Russian Druzhba pipeline was renewed late on August 19. “The flow of oil to Slovakia is standard at the moment,” the country’s Minister of Economy Denisa Saková (Hlas) ... more
US power company Westinghouse is reportedly in talks with the Slovak government to develop a new type of electricity storage site near the Gabčíkovo hydroelectric power plant (HPP) on the Danube ... more
Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more