Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Eurozone current account healthier

May 23 2012 11:03 AFP

Related Articles

OECD: Eurozone risks vicious debt circle

Obama hails progress on euro crisis

Greece tourism hit by euro crisis

EU, ECB working on Greece exit plans

Current account deficit widens

SA's current account deficit swells

 

Frankfurt - The eurozone's current account swung back to a surplus of €9.1bn in March from a deficit of €1.2bn in February, European Central Bank data showed on Wednesday.

The current account on the balance of payments, which includes 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.

It is crucial for the long-term confidence of investors and trading partners.

Over the 12 months to March, the current account showed a surplus of €9.6bn, compared with a deficit of €16.7bn in the corresponding period a year earlier, the data showed.

eurozone  |  current account
NEXT ON FIN24X

 
 
Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...