Norbolsa| Germany recorded a €2.29 billion deficit in international electricity trade last year, driven by the closure of its last nuclear power plant and cheaper foreign energy imports. Germany imported electricity at a cost of €5.7 billion in 2023, offset by export revenues of €3.5 billion, pushing Europe’s largest economy into a negative electricity trade balance for the first time in years. Germany switched off its last three nuclear power…

Bankinter: The German Trade Balance surprises on the upside and rebounds again in the month – Trade Balance (January): €27.5bn versus €21bn expected and €22.4bn previous (revised from €22.2bn); Exports: +6.3% month-on-month against +1.5% expected and -4.2% previous (revised from -4.6%); Imports: +3.6% compared to +1.8% expected and -6.5% previous (revised from -6.7%). Assessment: Both components, Exports and Imports, beat expectations in January. However, this improvement is the result of…