Euro Area Current Account: Surplus Soars, But Investment Pat

Euro Area Current Account: Surplus Soars, But Investment Patterns Shift

Highlights Current account surplus jumps to €36 billion. Net disinvestments hit €153 billion in non-euro assets. Eurosystem’s reserve assets drop to €1,105.2 billion. Advertisement Euro Area Financial Overview: June 2023 The euro area’s financial dynamics experienced noteworthy shifts in June 2023, underscored by a surge in the current account surplus and major swings in investment patterns, both within and outside the bloc. Current Account Dynamics June 2023

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