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Euro area and national quarterly financial accounts – Quality report 2020 This report reviews the quality of the quarterly euro area and national financial accounts. [1] It fulfils the formal requirement for the Executive Board of the European Central Bank (ECB) to inform the Governing Council of the ECB regarding the quality of those statistics, as set out in Article 7(2) of Guideline ECB/2013/24 The main principles and elements guiding the production of ECB statistics are set out in the ECB’s Statistics Quality Framework and quality assurance procedures, which are published on the ECB’s website. This report provides analysis of the relevant statistical output, looking at: (i) methodological soundness; (ii) timeliness; (iii) reliability and stability; (iv) internal consistency (completeness and compliance with validation rules); and (v) external consistency with four other comparable statistical domains – quarterly non-financial sector accounts, balance of payments (b.o.p

Frankfurt am mainCzech republicBank eximbankData gaps initiativeEuropean central bankInternational monetary fund balance of paymentsBoard of the european central bankEuropean unionInternational investment position manualExpert group on sectorGroup on monetaryEuropean central bank directorateWg es task force on financial derivativesTask force on international data cooperationGroup on external statisticsEuropean commission