Eurozone on the first place
The American Economy lost the first place in the largest world economy in Friday, after the USD fell under the new top level of 1.5688 USD per 1 EUR. The Eurozone became a leader, when the cheap American currency made the Gross Domestic Product of USA chepaer than the one of Eurozone. Analyzers counted the value of the Gross Domestic Product of USA and Europe in EUR, after the loss of USD, because of the news for the bankrupcy of Bear Stearns Bank."The result of today's study is a serial prove for the power of the 15 European economies, which are forming the Eurozone", commented analyzer from Goldman Sachs.
The nominal Gross Domestic Product of USA for 2007 was 13 843 800 millions USD, and the Eurozone's one was 8 847 889 millions EUR. The economy of the European countries went in front of the USA one after the value of the USD of 1.5646 USD per 1 EUR.
Labels: Financial News
posted by Zoritza Petrova @ 11:17 AM
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