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Euro Zone Trade Surplus Shrank in August

Euro Zone Trade Surplus Shrank in August

London – Euro zone’s trade surplus shrank in August as the stronger euro fueled an import boom that was only partly offset by a rise in exports, official estimates released on Monday showed. Although the euro has depreciated against the dollar from a 2017 peak...
Euro Zone Overcomes Shrinkage

Euro Zone Overcomes Shrinkage

Frankfurt – The European Central Bank (ECB) maintained its monetary policy unchanged and offered no indication that it is ready to pull back on its stimulus program. It decided to keep interest rates at the same level amidst drop of inflation and slowdown of...