Friday, August 1, 2014   

Euro zone current account surplus widens to 25.3b euros
(03-21 18:13)

The euro zone's current account surplus grew to 25.3 billion euros in January, European Central Bank data show. The data incorporates new member Latvia for the first time.
The monthly figure compared to a surplus of 20 billion euros for December, according to revised data.
The current account on the balance of payments, which includes payments for imports and exports in both goods and services plus all other current transfers, is a closely tracked indicator of the ability of a country or area to pay its way in the world.
Over the 12 months to January, the current account showed a surplus of 227.9 billion euros, compared with a surplus of 135.4 billion euros a year earlier, the data show.--AFP

   
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