Eurozone December current account balance €15.9 billion vs €13.6 billion prior

  • Latest data released by the ECB - 17 February 2023
  • Prior €13.6 billion

Normality is resuming in Europe as the current account balance stays in positive territory for a second month running, after recovering in November. The surge in energy imports amid the Russia-Ukraine conflict was the main culprit responsible for the deficit for the better part of the year but that has abated considerably now.

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