The liabilities of a government or currency area – such as the euro area – to economic units outside its own area. The ECB published a guide to the statistical compilation of external debt in May 2014 (External Debt Statistics. Guide for Compilers and Users). – See outflow, external assets, external asset position, balance, external, debt overhang. – See ECB Monthly Bulletin of November 2009, p. 19 et seq. (euro area external debt statistics), ECB Monthly Bulletin of May 2010, p. 91 et seq. (euro area external debt; comparison with other countries; overview), ECB Monthly Bulletin of April 2013, p. 24 et seq. Liabilities of individual euro area member states vis-à-vis other countries; overviews; trends), Deutsche Bundesbank Monthly Report of January 2014, pp. 72 ff. (External debt of peripheral euro area countries worryingly high; overviews).
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