The European Union’s external imbalances- past, future and policy

Zsolt Darvas, Costanza Greppi Maturana, Alexandre Mendonça, Camille Reverdy, Bo Sangers and Jeromin Zettelmeyer

Bruegel Working Papers from Bruegel

Abstract: Europe’s rising external surplus now rivals China’s, reflecting weak investment and growing surpluses, pointing to a need for pro-investment reforms

Date: 2026-04
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