Saturday, January 1, 2011

EU current account deficit in the fourth quarter, lower than the previous.

11 <P> Eurostat released preliminary statistics show that EU-27 in the fourth quarter current account deficit of 270 million euros, compared with last year's third quarter declined 27.7 billion euros, and far lower than the same period in 2008 .The deficit of 59.4 billion euros. .</ P> <P> data show that the overall deficit in the current circumstances, the fourth quarter of last year, the EU's surplus in services trade continued, but the favorable balance from the previous quarter's 16.7 billion euros was reduced to 14.1 billion euros, but also .lower than the same period of 2008 to 217 million euros. .</ P> <P> the fourth quarter of last year, the EU current account deficit to GDP share in the previous quarter, unchanged at 0.9%, but less than 1.9% over the same period in 2008. .</ P>.

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