Financial account balance

In March 2011, non-residents’ direct investment in Greece showed a net outflow of 62 million euros, without any remarkable transactions. Under portfolio investment, a net outflow of 5.9 billion euros was recorded.
Under “other” investment, a net inflow of 9.2 billion euros was recorded, which is mainly attributable to a net 14.7 billion increase in the outstanding debt of the public and the private sector to non.

In the January-March 2011 period, direct investment showed a net outflow of 311 million euros.
At end-March 2011, Greece’s reserve assets stood at 4.6 billion euros.

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