Arab Today, arab today germany\s trade surplus shrinks amid debt crisis
Last Updated : GMT 06:51:35
Arab Today, arab today
Arab Today, arab today

Germany\'s trade surplus shrinks amid debt crisis

Arab Today, arab today

Arab Today, arab today Germany\'s trade surplus shrinks amid debt crisis

Frankfurt - AFP

Germany\'s trade surplus slipped to 10.4 billion euros in July from 12.7 billion in June, the government\'s Destatis statistics office said Thursday, amid the deepening euro debt crisis. The current account surplus was also in retreat, falling back to 7.5 billion euros in July from 11.5 billion the previous month. The drop was bigger than economists surveyed by Dow Jones Newswires had expected. They forecast a trade surplus of 11.4 billion euros. Exports from Germany, the world\'s second-biggest exporter after China, fell 1.8 percent on the month to 86.9 billion euros, according to figures adjusted for seasonal and calendar effects. Meanwhile, imports fell only slightly in July, by 0.3 percent to 76.7 billion euros. Europe\'s top economy has weathered the financial market storms generally better than its neighbours, expanding by 3.6 percent last year. Chancellor Angela Merkel has said that growth will be about the same this year, a forecast many economists see as too bullish given the headwinds from the eurozone debt crisis.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today germany\s trade surplus shrinks amid debt crisis Arab Today, arab today germany\s trade surplus shrinks amid debt crisis

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today germany\s trade surplus shrinks amid debt crisis Arab Today, arab today germany\s trade surplus shrinks amid debt crisis

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday