Eurozone sees surplus drop
THE EUROZONE current account surplus narrowed in April 2012, according to data from the European Central Bank published yesterday.
Shrinking from €10.3bn to €4.6bn it was still the second highest level of the last year, as part of a cumulative €18.8bn surplus since April 2011.
Surpluses in goods and services were partially offset by a large deficit in current transfers.