Eurozone trade deficit worsens
FRANKFURT: The eurozone's balance of payments worsened slightly to a deficit of 9.8 billion euros (12.9 billion dollars) in October, the European Central Bank said on Monday. The balance of payments, which includes payments for imports and exports of trade in goods and services, is a closely tracked indicator of a country's or area's ability to pay its way in the world.
It is crucial for the longterm confidence of investors and trading partners. -Afp