Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Euro-Zone Trade Balance Swings Into Surplus In Feb

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/16/2012 | 11:15am CET
   By Ilona Billington 
   Of  
 

The euro zone's balance of trade in goods with the rest of the world swung into surplus in February supported by continued strong exports from the region's economic power house Germany, data from the European Union's statistics agency showed Monday.

The 17 countries that use the euro had a combined trade surplus of EUR2.8 billion in February, compared with a revised EUR7.9 billion deficit in January and a EUR2.8 billion deficit in February 2011.

The data were broadly in line with economists' forecast for a EUR3.0 billion surplus. Eurostat previously estimated the January trade deficit at EUR7.6 billion.

Exports totaled EUR150.0 billion in February, up from EUR134.9 billion in January, while imports totaled EUR147.2 billion in February compared with January's EUR137.7 billion, the data show.

-By Ilona Billington, Dow Jones Newswires; +44 20 7842 9452; ilona.billington@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
11:32a DEUTSCHE BOERSE : “Watched V“- Deutsche Börse Photography Foundation and C/O Berlin to host discussion “Safe Unsafe”
11:32a AON : advises on first longevity swap to annuity transition
11:32a UEM BERHAD : A More Integrated Company
11:32a VICINITY CENTRES RE : DFO Essendon to provide access for community to pay respects
11:32a TITLE : Eleven more DFO Essendon retailers to reopen tomorrow after last Tuesday’s tragic accident
11:32a TITLE : Gateway Plaza to become the Bellarine’s largest shopping destination
11:32a TITLE : DFO Essendon to provide access for the community to pay their respects
11:32a TITLE : An update from DFO Essendon
11:32a Global Bromine Market to Grow at a CAGR of 6.46% by 2021 - Driven by Increasing Demand for Plastics & Growth in Oil Drilling Activities - Research and Markets
11:31a NexGen Returns 13.5 m at 3.94% U3O8 including 2.5 m at 20.90% at Harpoon
Latest news
Advertisement
Hot News 
7.10%NEXT : Retailer Next 'extremely cautious' about year ahead
-4.21%BASIC FIT : core earnings rise on record number of new gym openings
-4.20%IG : revenue falls 3.8 percent on weakness in UK, Ireland
2.05%GVC : to pay second special dividend for 2016 on favourable trading, refinancing
-4.65%TED BAKER : Retailer Ted Baker's profit rises on strong UK, Europe sales
Most Read News
04:02a Verizon, AT&T suspend ads from Google over offensive videos
04:10a NEXT : Retailer Next 'extremely cautious' about year ahead
03/22DJAT&T Pulling Ads From Google Over 'Hate' Videos -- 3rd Update
03/22DJSEARS : Stock Stumbles After Going-Concern Warning -- 3rd Update
05:10a UBS : set to charge wealthy for keeping euro savings
Most recommended articles
03/21 UK to investigate any UK banking involvement in 'Laundromat' case
06:25a ANGLO AMERICAN : Diamond group De Beers buys out retail partner LVMH
06:20a ZTE : China's ZTE posts fourth-quarter net loss after U.S. sanction case fine
06:16a Trump Tantrum looms on Wall Street if healthcare effort stalls
05:49a SSE increases stake in UK Dogger Bank offshore wind development