Wednesday, February 21, 2007

Forex News: 21.02.2007 Euro-Zone current account EUR2.3 bln in surplus in December

The euro zone's current account became proficit in December, as surpluses in goods and services offset a deficit in current transfers.

According to figures released by the European Central Bank, the seasonally-adjusted current account was EUR 2.3 billion in surplus, compared with a revised EUR0.9 billion surplus in November.

For 2006 as a whole, the euro zone's current account was EUR16.2 billion in deficit, compared with a deficit of EUR6.8 billion in 2005.


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