TG:Greek exports jump, swell euro zone trade surplus
Exports from Greece and Portugal, where years of credit-fuelled imports saddled the countries with huge debts, grew strongly in the first eight months of this year and lifted the euro zone’s trade surplus, in a sign of hope for southern Europe.
The 17 countries sharing the euro posted a €9.8-billion ($12.5-billion U.S.) trade surplus with the rest of the world in September, more than five times the level in the same month a year ago, the EU’s statistics office Eurostat said on Friday.