Current account recorded €29 billion surplus in February 2024, down from €39 billion in previous month Current account surplus amounted to €288 billion (2.0% of euro area GDP) in the 12 months to February 2024, after a €95 billion deficit (0.7%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €443 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €614 billion in the 12 months to February 2024. The current account of the euro area recorded a surplus of €29 billion in February 2024, a ... (full story)