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Lithuania 9 mth current account deficit surges 47 pct to 2.58 bln eur


Published :
Tue, 13 Nov 2007 11:50
By : Agencies
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Vilnius (Thomson Financial) - Lithuania's current account deficit soared by 47 pct in the first nine months of 2007 versus the year-earlier figure, to reach 2.58 bln eur or 12.7 pct of Gross Domestic Product (GDP), the Bank of Lithuania reported.

The central bank attributed the increase to a 2.1 bln litas surge in foreign trade deficit, which accounted for 75 pct of the overall current account deficit rise.

tf.TFN-Europe_newsdesk@thomson.com

afp/ra

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