Quentin D. Solano
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Quentin D. Solano in Breaking news,

Euro zone's current-account surplus narrows in June!

The euro zone's current account surplus narrowed in June, according to data published Tuesday by the European Central Bank.

The current account balance, a broad measure of an economy's international financial position, was in a surplus of EUR13.1 billion in adjusted terms in June, below EUR19.8 billion in May.

For the 12-month period that ended in June 2014, the surplus was 2.4% of the euro zone's gross domestic product, higher than the 2.1% in the 12 months to June 2013.

Check marketwatch.com for more info