The article looks at how different EU countries adjust their current accounts, focusing on those with flexible exchange rates, fixed exchange rates, and those in the eurozone. They studied data from 1994 to 2011 and found that countries in the eurozone have a harder time adjusting their current accounts compared to countries with flexible exchange rates. This is because eurozone countries have less flexibility in adjusting their exchange rates and interest rates, making it more challenging to balance their current accounts.