Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

A thin line between fact-checking and propaganda in Gaza social media coverage

Read more

DEBATE

Gaza: How to Stop the Spiral? Israel Readies For Ground Offensive (part 2)

Read more

DEBATE

Gaza: How to Stop the Spiral? Israel Readies For Ground Offensive

Read more

FOCUS

Ireland's missing babies casting light on a dark history...

Read more

WEB NEWS

World Cup 2014: Germany-Brazil inspires the Web

Read more

THE INTERVIEW

Boutros-Ghali: 'I wanted to reform the UN'

Read more

IN THE PAPERS

57 000 little problems

Read more

IN THE PAPERS

The Sarkozy 'threat'

Read more

BUSINESS DAILY

Budget challenge for India's new government

Read more

  • Hamas rockets reaching deeper into Israel

    Read more

  • French companies will have to accept anonymous CVs

    Read more

  • Ukrainian forces close in on Donetsk

    Read more

  • Germany asks US intelligence station chief to leave country

    Read more

  • Death toll rises in Gaza as militants target Israeli cities

    Read more

  • UN chief Ban Ki-moon appoints new Syria mediator

    Read more

  • Video: Muslims in China confront obstacles to Ramadan fasting

    Read more

  • Tour de France passes WWI Chemin des Dames battlefield

    Read more

  • Senegalese man awarded French visa in gay marriage debate

    Read more

  • Israel steps up airstrikes as diplomacy gets under way

    Read more

  • Argentina beat Netherlands on penalties to reach World Cup final

    Read more

  • Foiled French jihadist ‘targeted Louvre and Eiffel Tower’

    Read more

  • Obama in Texas to urge congressional action on child migrant crisis

    Read more

  • Iraq’s heritage 'in danger' from ISIS militants

    Read more

  • 100 years on, the Tour de France returns to the Western Front

    Read more

Business

Austria swings into trade deficit

©

Latest update : 2009-03-09

Austria ran up a trade deficit of 1.8 billion euros in 2008, the biggest trade deficit since 2003, as imports grew faster than exports, official data showed Monday.

AFP - Austria swung into a trade deficit last year as imports grew faster than exports, official data showed Monday.

Austria ran up a trade deficit of 1.80 billion euros (2.3 billion dollars) in 2008, compared with a surplus of 425 million euros in 2007, Statistik Austria said.

It was the biggest trade deficit since 2003.

Exports grew 2.3 percent to 117.3 billion euros, while imports rose 4.3 percent to 119.1 billion euros, a statement said.

In December alone, the trade deficit widened to 743.2 million euros from 444 million euros in November and compared with a deficit of 467.7 million euros in December 2007.

Date created : 2009-03-09

Comments

COMMENT(S)