From the Wall Street Journal 12.16.2012
Euro-Zone Exports Fall – WSJ.com.
Euro-Area Exports Decline for Second Month Amid Recession – Bloomberg.
Analysis: Greek deal puts euro zone in slow recovery room | Reuters.
Spain Bailout Caution Grows as Business Lobby Backs Rajoy – Bloomberg.
German Investor Confidence Jumps to 7-Month High on Outlo – Bloomberg.
Over the last few weeks, the mainstream media has been touting a Eurozone recovery. One of the significant facts they use in supporting this theme is the rise in exports in the Eurozone, except that exports are actually falling.
Do you think they will update the articles above to illustrate, alas, that things aren’t going according to plan?