Merkel says strong euro hurts fruits of reforms
In the global economy, "a very strong" euro would make it difficult for countries such as Spain and Portugal, which adopted significant reforms during the economic crisis, to "harvest the fruits of those reforms, in exports, for example," Merkel told a congress for family-run businesses in Berlin.
Jun 12, 2015, 17:17 PM ISTGerman exports tumble 5.8% in August, trade surplus contracts
Exports shrank by 5.8 percent in August, cutting the trade surplus, the balance between imports and exports.
Oct 09, 2014, 11:57 AM ISTStrong exports push German trade surplus to record: official data
The outlook for the German economy, Europe`s biggest, brightened on Monday when data showed the country`s trade surplus hit a new record in July on the back of booming exports.
Sep 08, 2014, 15:08 PM IST