Eurozone current account surplus shrinks: ECB | Bangkok Post: news

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Eurozone current account surplus shrinks: ECB

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The eurozone's current account surplus slumped to 800 million euros ($1.02 billion) in September from 10.9 billion euros the previous month, European Central Bank data showed on Friday. 

A container ship is unloaded by cranes at the north port terminal in Bremerhaven, 2010. The eurozone's current account surplus slumped to 800 million euros ($1.02 billion) in September from 10.9 billion euros the previous month, European Central Bank data showed.

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.

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