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Euro area balance of payments in February 2013
In February 2013 the seasonally adjusted current account of the euro area recorded a surplus of €16.3 billion. In the financial account, combined direct and portfolio investment recorded net outflows of close to €11 billion (non-seasonally adjusted). At the end of 2012 the international investment position of the euro area recorded net liabilities of €1.1 trillion vis-à-vis the rest of the world (approximately 12% of euro area GDP). This was broadly unchanged in comparison with the revised data for the end of the third quarter of 2012. Balance of payments in February 2013 The seasonally adjusted current ... (full story)