WSJ:Euro-Zone Current Account Surplus Reaches Record High
The euro zone's current account surplus rose to a record high in January, data from the European Central Bank showed Friday, indicating that some euro-zone countries continue to rebalance their economies toward exports and away from imports.
The current account balance, a broad measure of an economy's international financial position, increased in adjusted terms to a surplus of €25.3 billion ($34.9 billion) in January from a downwardly revised €20 billion in December, reaching a new all-time high for the euro zone since records began in 1997.
The bloc's surplus in the trade of goods increased to €15.9 billion from €14.5 billion in December. The surplus in services also increased, to €11.8 billion from €9.6 billion.