Euro-zone current account moves to surplus in May

GERMANY - The current account for the 12-nation euro zone showed a surplus of 100 million euros (dollars) in May compared with a deficit of 2.2 billion euros in May 2001, the European Central Bank reported Friday.

In the first five months of the year, the 12 European Union countries using the euro as currency posted a current account surplus of 5.4 billion euros after a shortfall of 19.4 billion in the same period last year.

The current account is a broad measure of foreign trade, encompassing

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