Eurozone: Favorable Outcome in Trade Figures.

Eurozone: Favorable Outcome in Trade Figures.

Brussels : Belgium | Jul 17, 2012 at 5:50 AM PDT
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The balance of trade of the Eurozone, comprised of 17 countries linked by an only currency, closed May with a favorable figure equivalent to 6,900 million Euros, community sources reported on Monday. Eurostat statistics office noted that the surplus reached much higher than that registered the previous month, when it reached 3,700 million Euros.

The highest surplus corresponded to Germany in the first four months of 2012 with 59,300 million Euros followed by Holland (16,200 million) and Ireland (13,400 million).

France headed the list of nations in the red registering 29 billion Euros in the analyzed period, while Spain reported 15,300 million.

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German Chancellor Merkel speaks during a ceremony marking the 10th anniversary of the physical introduction of the Euro as official currency of the Eurozone in Berlin
German Chancellor Merkel speaks during a ceremony marking the 10th anniversary of the physical introduction of the Euro as official currency of the Eurozone in Berlin
IQBALMEMON468 is based in Islamabad, Federal Capital Area, Pakistan, and is a Reporter on Allvoices.
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