Behind that, the trade surplus in electronic appliances almost disappeared and fuel imports increased materially after the suspension of nuclear power plants. On a quarterly basis, the current account balance registered a deficit for the first time in the October–December quarter last year, and is expected to remain in deficit in the January–March quarter.
private, as well as public, sector debt) should be considered. The proposal, though important, faces three difficulties: first, detecting macroeconomic imbalances may not be simple; second, identifying appropriate policies to address structural problems is not straightforward; third, putting pressure on a country from Brussels can be politically difficult when all seems to be going well.