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Austria Has Fourth Biggest Net Surplus

Published: July 19, 2012; 16:36 · (Vindobona)

The EU27 current account shows a deficit € 4.1bn. € 31.1bn surplus for trade in services.

Austria Has Fourth Biggest Net Surplus / Picture: © Flickr

According to the latest available data, the EU271 external current account2 recorded a deficit of 4.1 bn in the first quarter of 2012, compared with a deficit of 31.3bn in the first quarter of 2011.

In the first quarter of 2012, compared with the first quarter of 2011, there was a fall in the deficit of the goods account (-31.6bn compared with -47.3bn). The…

This article includes a total of 400 words.

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