Overturns the current account of EU Balaza

Brussels, July 5 (Prensa Latina) The current account balance of the European Union (EU) recorded a decrease in the first quarter surplus of 2018 to 63.9 billion euros. euros, it was reported today.

According to the Statistical Office of the Community, the current account balance of Eurostat – reflecting revenues and payments for foreign trade – fell by 68 billion euros in the last quarter of 2017.

However, the figure Il is greater than 43.9 billion in the first quarter of 2017, he said. The current surplus represents 1.6% of gross domestic product (GDP).

According to Eurostat, in the comparison with the last three months of 2017, gains in the balance of goods decreased from about 41 thousand 100 million euro to 34.7 million.

Benefits in the balance of services and secondary income also fell from 21,500 million euros to 20,600 million in the first case; and from 4,200 to 1,900 million in the second. [19659003] Meanwhile, the deficit in the primary income balance improved, rising from a loss of 1,600 million euros to a surplus of two thousand and 300 million. 19659003] For its part in the euro area, the current account balance was positive in the first quarter of the year, with a surplus of 111 thousand 100 million euros – 3.9% of GDP -, more than 105 900 million of the surplus recorded in the previous quarter and to 87 000 600 million euros the same period of 2017.

The surpluses of the balance of goods and the balance of services were reduced compared with the fourth quarter of 2017, from 94,000 to 200 million euros to 90 thousand 500 million, and from 28 thousand 700 million to 27 thousand 400 million, respectively.

For its part, the surplus of the primary income balance, rose from 17,700,700 million to 24,600 in the first quarter.

Finally, the def. The balance of secondary income has been reduced from 34,600 million euros to 31,300 million.

The largest surpluses were recorded in Germany (71,500 million euros), Austria (5,300 million), Italy. (four thousand, 800 million), the Czech Republic (two thousand, 300 million) and Sweden (two thousand, 200 million).

While the largest deficits were observed in the United Kingdom (23 thousand 100 million), France (13 thousand billion) and Greece (two thousand 800 million).

mgt / ddd