EMU: Trade surplus n.s.a. widens against expectations in May

Eurozone Trade surplus n.s.a widened to €15.2 billion in May from €14.1 billion in April, according to data released today by Eurostat. Analysts expected the surplus to narrow to €11.8 billion.
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Spanish borrowing costs rise again at auction

The Spanish Tesoro Público held a debt auction on Tuesday during which it sold a total of 4.05 billion euro worth of 6- and 12- month bonds.
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