Saturday, 8 June 2013

European Current Account 21.8bn Euro Surplus

The latest EU balance of payments figures published by Eurostat show that the EU27 recorded a current account surplus of 21.8bn euro in Q1 of 2013. In the first quarter of 2012 there was a deficit of 7.7bn.

The 32.8bn euro deficit on goods in Q1 2012 became a surplus of 0.8bn euro in Q1 2013. The surplus on services fell from 31.2bn euro to 29.8bn euro.

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