Saturday, November 23, 2024

Spain, Ireland and France are top debtor nations in the EU

Eurostat published International investment position (IIP) statistics on the EU-28 countries. According to the report.

  • The top net borrowing economies in the EU-28 in absolute terms in 2016 were Spain with a negative net IIP of EUR -938.4 billion, Ireland with EUR -485.5 billion and France with EUR -351.0 billion
  • The Member States with the highest (net) exposure were the Netherlands, France and Germany.
  • Germany and the Netherlands appear as the major primary creditor  nations  in Europe. Switzerland and Norway reported high net lending positions with EUR 729.0 billion and EUR 697.5 billion in the same year.

United Kingdom, Netherlands, Luxembourg, Germany have significant investment assets in the EU.

 

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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