Jun 22, 2010
| Last Updated
- The ECB’s April euro area balance of payments release showed a small current account deficit (€5.1 billion) and a modest capital account surplus (€19 billion). In line with recent trends, the eurozone’s modest trade surplus was offset by income and transfer deficits. The capital account outcome also matched the past year’s trends: Net portfolio investment inflows amounted to €30 billion (despite equity outflows of €8 billion), following net outflows in March and January 2010 and November 2009, while FDI outflows totaled €11 billion.
- April was a positive[...]
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