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Economy euro zone now larger than those of the US

March 15th, 2008 · No Comments

PARIS - the American economy is as a result of the weak dollarkoers no longer largest in the world. If jointly the Gross Domestic Product of the fifteen eurocountries is converted to dollars, the economy of the euro zone is at the current rate of the euro above 1.56 the dollar, larger than those of the United States. Economics of the American matter bank Goldman Sachs that have quantified Friday and have announced in a report to their customers. The GDP of the US amounted to 13,843 billion dollar in 2007, according to official estimates of the American ministry of trade. That of the euro zone stood, according to data of Eurostat, converted on wide 13,880 billion dollar.

Tags: finance