Current account recorded €12 billion surplus in May 2021, down from €22 billion in previous month Current account surplus amounted to €310 billion (2.7% of euro area GDP) in 12 months to May 2021, up from €228 billion (2.0%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled €950 billion and non-residents’ net acquisitions of euro area portfolio investment securities totalled €187 billion in 12 months to May 2021. The current account of the euro area recorded a surplus of €12 billion in May 2021, a decrease of €10 billion from the ... (full story)