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Jan 19, 2015 · The current account of the euro area recorded a surplus of €18.1 billion in November 2014 (see Table 1). This reflected surpluses for goods (€18.7 billion), services (€7.8 billion) and primary income (€4.8 billion), which were partly offset by a deficit for secondary income (€13.2 billion).
Oct 4, 2024 · The EU non-seasonally adjusted external current account recorded a surplus of €126.2 billion (+2.9% of GDP) in the second quarter of 2024, compared with the current account balance of €74.7 billion (1.8% of GDP) in the second quarter of 2023, according to the estimates released by Eurostat.
Jul 25, 2014 · Germany’s current account surplus – the largest in the Eurozone – is not a new phenomenon. It has existed since the 1980s, falling only during reunification, when intensive construction investment in the former East Germany more than absorbed the country’s savings.
The current account surplus in the Euro Area widened sharply to €48 billion in July 2024 from €25.5 billion a year earlier. The goods surplus increased to €38.3 billion from €21.9 billion, and the services surplus went up to €25.4 billion from €18.4 billion.
One of the most significant changes in the global economy since the start of the financial crisis has been the massive swing in the euro area’s current account balance of roughly 0.6 percentage...
Dec 19, 2014 · FRANKFURT--The eurozone's current account surplus narrowed in October from an upwardly revised surplus in September, as the surplus on both goods and...
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With inflation falling to 0.5% in May 2014, the ECB again took measures to stimulate the eurozone economy, which grew at just 0.2% during the first quarter of 2014. [308] (Deflation or very low inflation encourages holding cash, causing a decrease in purchases).
