Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Spain Sees Current Account Surplus as Investors Return

Spain posted its second current-account surplus since the start of the euro in August, while foreign stock and bond investors increased their holdings in the nation for the first time in more than a year.

The current account showed a surplus of 1.24 billion euros ($1.6 billion) in August, compared with 500 million euros in July, the first positive reading since the euro was introduced in 1999, the Bank of Spain said today. Foreign portfolio investment showed an inflow of 2.34 billion euros in August, the first positive reading since February 2011.

Spain, which ran up the world’s second-biggest current-account deficit during the housing-fueled boom, is now relying on exports to drag the economy out of a five-year slump as an unemployment rate of 25 percent weakens domestic demand. As the government seeks to reduce the nation’s dependence on foreign financing, it is implementing measures such as cuts to labor costs to make Spanish goods more competitive abroad, while raising taxes on consumption.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.