EU current account balance records surplus of €82.9 billion for Q2 2020, -€0.2bn in Cyprus

eu-current-account-balance-records-surplus-of-e829-billion-for-q2-2020,-e0.2bn-in-cyprus
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In the second quarter of 2020,  EU seasonally adjusted current account of the balance of payments recorded a surplus of €82.9 billion (2.7% of GDP), up from a surplus of €52.9 billion (1.5% of GDP) in the first quarter of 2020 and from a surplus of €72.7 billion (2.1% of GDP) in the second quarter of 2019, according to estimates released by Eurostat, the statistical office of the European Union.In the second quarter of 2020 compared with the first quarter …

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