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Eurozone Current Account Deficit Biggest On Record

Por: RTTNews Business October 20, 2022

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The euro area current account balance logged its biggest deficit ever in the history, data published by the European Central Bank showed on Thursday.The current account balance showed a deficit of EUR 26.323 billion in August, up from EUR 19.960 billion in July. In the corresponding month last year, there was a surplus of EUR 17.089 billion.The increase in trade gap was mainly related to the deficits that were recorded in goods and primary... + full article



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