On 30 December 2011, New Europe reported that, according to the EU’s statistical service Eurostat, the Eurozone recorded a trade surplus of €1.1 billion in October last year, following another significant positive foreign trade balance in the preceding month of €3.1bn.

In reality, the Eurozone has been and will continue to be a positive external trade economy, a fact that lies behind the strong performance of the euro against the dollar, even during these times of gr...

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