Euro zone’s current account surplus rose last year

FILE PHOTO: The euro sign is photographed in front of the former ECB headquarters of the European Central Bank in Frankfurt

FRANKFURT – The euro zone’s current account surplus rose to 310 billion euros ($352.47 billion) last year, or 2.6% of the bloc’s economic output, European Central Bank data showed on Friday.

This compares to 213 billion euros in 2020, or 1.9% of the euro area’s GDP.

($1 = 0.8795 euros)

(Reporting by Francesco Canepa; Editing by Mark Heinrich)

Reuters

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