Germany’s Bundesbank says slowing growth may not be sufficient to reduce inflation in the Eurozone; Region’s trade deficit expanded in June
Aug 18th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Germany's Central bank, the Bundesbank, said today
that slowing growth may not be sufficient to reduce inflation in the Eurozone.
In separate news, it was reported that the Eurozone's trade deficit expanded in
June as a slowing global economy and the euro's rise against the dollar reduced
exports.