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In the third quarter of 2020, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €75.6 billion (2.2% of GDP), down from a surplus of €87.6 billion (2.9% of GDP) in the second quarter of 2020 and from a surplus of €100.3 billion (2.9% of GDP) in the third quarter of 2019, according to estimates released by Eurostat, the statistical office of the European Union.For Cyprus, Eurostat quotes a €0.8bn current account deficit for …
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