The euro area’s current account balance with Russia reached a record deficit of 0.5% of euro area GDP in the second quarter of 2022. This was mainly due to price increases for imported energy and the impact of EU sanctions on exports https://www.ecb.europa.eu/pub/economic-bulletin/focus/2022/html/ecb.ebbox202207_08~4f1967995f.en.html #EconomicBulletin

🐦🔗: https://nitter.eu/ecb/status/1590642070469111808