The revised euro zone current account surplus rose to 34.7 billion euros (37.4 billion dollars) in January from 32.6 billion euros in December and 33.6 billion euros registered a year ago.
In the twelve months to December, the surplus remained unchanged at 3.1 percent of the region’s GDP, compared to the previous 12 months.
European shares jumped for the second consecutive session on Friday, as a wave of financial and monetary stimulus tempted investors to buy again in the stock markets after days of selling operations due to indications that the world is heading towards a major recession driven by the spread of the Corona virus.
By 0814 GMT, the Stoxx European 600 index rose 4.9% and is heading towards erasing the full week’s losses.
Travel and leisure stocks jumped 7.6% in a sudden move, to drive gains among European sub-sectors, while energy companies added 7.3% on the back of recovering oil prices.
Bank shares jumped 4.2% from their lowest levels in three decades after the British central bank joined its European counterparts in suspending endurance tests for 2020.
However, the STOXX 600 is in the process of registering the worst performance in a month since October 1987, as the rapidly spreading Corona virus forces many countries in the bloc to impose isolation.