The report discusses the persistent current account surpluses in the Eurozone and the resulting large-scale capital outflows, primarily in the form of portfolio investments. These outflows are largely directed towards the US, UK, and Canada, with minimal flows to other EU regions. The document includes tables showing net savings by sector, Euro Area net portfolio inflows over time, and cumulative portfolio outflows by region.
documents/vol00010-efta01461073-pdf.pdf
{"title":"Special Report: Euroglut here to stay: trillions of outflows to go","document_date":"2015-03-09","document_type":"tabular","key_locations":["Eurozone","US","UK","Canada","Scandinavia","Eastern Europe"],"key_organizations":["Deutsche Bank","ECB"]}