EU Capital Moribund

     Confirming an extraordinary economic slowdown in Europe, capital outflows in 2010 were five times lower than in 2007 and capital inflows dropped even more, tumbling to eight times lower, according to statistics released Monday.

     At the end of that long deceleration came a set of economic skid marks in 2010, with EU stats showing that capital outflow from Europe into the rest of the world fell by 62%, from 281 billion euros in 2009 to 107 billion in 2010, while capital inflow dropped further, by 75%, from 216 billion to 54 billion.

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