The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Unfortunately, I think I must still be missing something.
On the map on that page, France appears red ("countries in current account deficit, 2005"), while Germany is in blue ("countries in current account surplus").
And on the List of countries and territories by current account balance list referenced at the bottom of that page, the estimate for Germany's 2005 current account balance is $115,500 million, while France's is -$38,780 million.
A negative current account balance means a negative change in official reserve account, doesn't it? Otherwise, maybe the Wikipedia estimates are totally off? Truth unfolds in time through a communal process.
Germany has a large negative capital account balance because they invest a lot more outside of Germany than foreigners invest in Germany. France is the other way round, most years. In the long run, we're all dead. John Maynard Keynes
by Frank Schnittger - Oct 2 4 comments
by gmoke - Sep 27
by Frank Schnittger - Sep 17
by Oui - Oct 8
by Oui - Oct 74 comments
by Oui - Oct 67 comments
by Oui - Oct 56 comments
by Oui - Oct 4
by Oui - Oct 41 comment
by Oui - Oct 31 comment
by Oui - Oct 24 comments
by Frank Schnittger - Oct 24 comments
by Oui - Oct 214 comments
by Oui - Oct 121 comments
by Oui - Oct 124 comments
by Oui - Sep 30
by Oui - Sep 303 comments
by Oui - Sep 2819 comments
by Oui - Sep 28
by Oui - Sep 276 comments
by Oui - Sep 271 comment
by Oui - Sep 263 comments