ECB published balance of payments for January

As was reported on Friday by the European Central Bank the trade balance for the Euro zone in January 2007 closed with a surplus which seasonally adjusted amounted to 2.7 billion Euros. The surplus in trade in goods and services compensated for the deficits relating to items regular payments/deductions and income from investment and employment.

The capital balance closed with a surplus of 34 billion Euros as regards items direct investment and investment in securities. This surplus was brought about mainly through the purchase of shares and investment trust certificates of the Euro currency area by investors from regions outside Europe.

For the first time after its introduction of the European currency on the 1st of January 2007 Slovenia was taken account of in Euro zone statistics. Thus, Slovenian economic entities are considered as resident in the Euro currency area. GERMAN