Forexsq.com - In December 2011 the seasonally adjusted current account of the euro area recorded a surplus of €2.0 billion. In the financial account, combined direct and portfolio investment recorded net inflows of €3 billion (non-seasonally adjusted). In 2011 as a whole, the seasonally adjusted deficit for the euro area current account amounted to €30.6 billion (around 0.3% of GDP), compared with a deficit of €45.7 billion in 2010. Combined direct and portfolio investment recorded net inflows of €224 billion in 2011, compared with net inflows of €98 billion in 2010.
