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16 March 2001 11:36  French Jan current account surplus -- 2 (transfers from EU total 3.2 bln eur)


The finance ministry noted that there were large transfers received from the EU in Jaunary, totalling 3.2 bln eur, compared with 1.8 bln eur in the same period last year. The December financial account showed an unadjusted deficit of 10.351 bln eur. There was a net outflow of direct investments of 34.518 bln eur in December and an inflow of 29.883 bln eur of investments in securities. Non-residents bought a net 35.452 bln eur of French securities, while French residents sold 5.569 bln eur of foreign securities.
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