Bulgaria with a Surplus of More Than EUR 2 billion For Q3 of 2017
The surplus of Bulgaria's current account for the third quarter of 2017 is EUR 2.2 billion, according to Eurostat data.
For comparison, the country recorded a surplus of EUR 500 million for the second quarter of the year and a surplus of EUR 1.7 billion for the third quarter of 2016, indicating an acceleration both on a yearly basis and on a quarterly basis.
The European Union as a whole has a current account surplus of € 69.4 billion (1.8% of GDP) for the third quarter of 2017, and growth has grown annually and quarterly.
In the third quarter of 2016, the surplus amounted to EUR 44.8 billion (1.2% of GDP) and EUR 47.5 billion (1.2% of GDP in the second quarter of 2017) ).
As far as individual EU countries are concerned, 20 countries has surplus, 6 are with deficit, and two (Belgium and Lithuania) have reached a third-quarter current account balance.
- » IMF Chief: Clouds over Global Economy are 'Getting Darker by the Day'
- » The IMF Provides a $ 50 Billion Loan to Argentina
- » Erdogan Claims Turkish Lira’s Loss in Value a Manipulation against Turkey
- » Every third Bulgarian has had Outstanding Loans, According to Eurostat
- » EC Predicts 3.8% Growth in Bulgaria in 2018
- » The Debt of Bulgaria for 2017 Amounts to BGN 25,064 Million