The European Central Bank (ECB) released its current account on Monday. Eurozone's current account surplus declined to a seasonally adjusted €25.4 billion in January from €28.6 billion in December. December's figure was revised up from a surplus of €25.5 billion.

The trade surplus rose to €27.6 billion in January from €27.2 billion in December.

The surplus on services decreased to €3.6 billion in January from €4.9 billion in December.

The primary income surplus fell to €4.7 billion in January from €7.6 billion in December, while the secondary income deficit decreased to €10.5 billion from €11.0 billion.

Eurozone's unadjusted current account surplus dropped to €6.3 billion in January from €44.8 billion in December. December's figure was revised up from a surplus of €41.4 billion.