Euro Services Growth Slows Deficit Growth

The external current account of the EU27 recorded an external current account deficit of 50.8bn euro for Q2 2010. In Q2 2009 the deficit was 44.7bn euro and in Q1 2010 it was 34.8bn euro. There was an external trade balance of 18.6bn euro in services compared with 16.4bn euro in Q2 2009 and 10.8bn euro in Q1 2010.