EU Current Account (Dec) 34.6B (Prev. 12.9B, Rev. From 12.6B)
The EU's current account surplus of 34.6 billion euros in December marks a significant increase from the previous 12.9 billion and has been revised up from 12.6 billion.
Hungarian PM Orban's Chief of Staff says they would take steps in the scenario that Ukraine continues to halt Druzhba oil shipments
CVC (CVC NA) is reportedly working with Goldman Sachs (GS) on a EUR 1bln Marina unit sale, Bloomberg reports
EU Current Account (Dec) 34.6B (Prev. 12.9B, Rev. From 12.6B)
SNB has defined a standardised and scalable process for the ELF that will enable participating banks to quickly obtain liquidity support against collateral as necessary
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This larger surplus could indicate stronger external demand or improved trade balances, potentially impacting expectations around growth and monetary policy within the Eurozone.
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