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Image header Agence Europe
Europe Daily Bulletin No. 10671
ECONOMY - FINANCE - BUSINESS / (ae) eurozone

GDP decreasing, inflation stable, balance of trade surplus

Brussels, 21/08/2012 (Agence Europe) - The euro area (EA17) and the European Union (EU27) destroyed wealth in the second quarter 2012. GDP growth was negative (-0.2%) in the two areas, in other words a respective decrease of 0.4% and 0.2% compared to the second quarter 2011, according to the data published in the middle of August by the statistical office of the European Union (Eurostat). In the first quarter 2012, there was no growth either in the eurozone or the European Union.

Stable...