Breaking Down the Eurozone’s July Current Account Balance: A Closer Look at the 199 Billion vs. 42 Billion Prior Report
The Impact of Europe’s Growing Current Account Deficit Europe’s Economic Woes Continue On a seasonally adjusted basis, that is the biggest current account deficit in the euro area since the global financial crisis more than a decade ago. A notable deficit was recorded for goods traded (-€18 billion) and that is the main contributor to…