Eurozone current account surplus hits US$11.5 bil. in August: ECB
AFPFRANKFURT -- The eurozone's current account surplus grew to 8.8 billion euros (US$11.5 billion) in August from 8.1 billion euros the previous month, European Central Bank data showed on Friday.
October 20, 2012, 12:06 am TWN
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.