Tag #Current Account Balance

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Greece's Soaring Current Account Deficit Amidst High Economic Growth

Greece's current account deficit drastically increased from 1.5% of GDP in 2019 to 10.3% in 2022 due to high economic growth (6%) exceeding that of trading partners, fueled by increased international capital inflows compensating for low domestic savings.

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36% Bias Score

Decent Work and Economic Growth

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