Mhux disponibbli bil-Malti
Table 2: Net international investment position of the euro area
(EUR billions (ECU billions in 1997); assets minus liabilities; end-of-period positions)
| 1997 | 1998 | 1999 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Source: ECB. | ||||||||||||||||||
| TOTAL | 32.7 | −175.3 | −131.0 | |||||||||||||||
| DIRECT INVESTMENT | 177.6 | 136.4 | 373.4 | |||||||||||||||
| Equity capital and reinvested earnings | 148.6 | 112.7 | 290.8 | |||||||||||||||
| Other capital (mostly inter−company loans) | 29.1 | 23.7 | 82.6 | |||||||||||||||
| PORTFOLIO INVESTMENT | −724.7 | −704.6 | −730.9 | |||||||||||||||
| Equity | −358.7 | −476.0 | −596.8 | |||||||||||||||
| Debt instruments | −366.0 | −228.6 | −134.1 | |||||||||||||||
| Bonds and notes | −339.8 | −205.4 | −72.7 | |||||||||||||||
| Money market instruments | −26.2 | −23.2 | −61.4 | |||||||||||||||
| FINANCIAL DERIVATIVES | −5.9 | 2.2 | 1.9 | |||||||||||||||
| OTHER INVESTMENT | 222.4 | 61.5 | −147.8 | |||||||||||||||
| Trade credits | 79.8 | 99.7 | 112.6 | |||||||||||||||
| Loans/currency and deposits | 51.3 | −102.1 | −340.4 | |||||||||||||||
| Other assets/liabilities | 91.4 | 63.9 | 80.0 | |||||||||||||||
| RESERVE ASSETS | 363.3 | 329.2 | 372.3 | |||||||||||||||