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posted by
odell
105 days ago
in EUR, Special
made popular 105 days ago
Net capital outflow puts euro rise at risk, at least if the financial crisis fades.The latest flow-of-funds report from the euro area points a disturbing picture. In annual terms, the broad basic balance (net of current account, direct investment and portfolio flows) is showing a deficit of EUR47.5bn. The deficit is of a recent nature, and owes par
