The Central Bank of Cyprus said that Cyprus’ current account deficit posted a €721.1m deficit in the first three months of the year compared to a surplus of €73.2m in the respective quarter of 2016.
Cyprus’ international investment position deteriorated slightly in the first quarter to minus €23.1bn from minus €22.5bn in January to March 2016, the central bank said in a statement on its website on Monday.
Cyprus’ external debt rose in the first quarter to €108.3bn from 106.9bn the respective quarter of 2016, the central bank said.
Source: Cyprus Mail
