Euro-Zone Exports Boost Growth Hopes


A fourth consecutive increase in Euro-zone exports took the region’s trade balance into surplus in February, bolstering hopes that economic contraction will be short lived. According to Eurostat, the 17-nation currency bloc had a combined trade surplus of €2.8 billion ($3.66 billion) in February, compared with a €7.9 billion deficit in January and a €2.8 billion deficit in February 2011.

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