EU28 current account of the balance records €40.9 billion surplus in Q2, €-0.2billion deficit in Cyprus

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The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €40.9 billion (1.0% of GDP) in the second quarter of 2019, down from a surplus of €47.4 billion (1.2% of GDP) in the first quarter of 2019 and from a surplus of €67.6 billion (1.7% of GDP) in the second quarter of 2018, according to estimates released by Eurostat, the statistical office of the European Union.In the second quarter of 2019 compared with the first …

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