Bussière, Matthieu (contributor); … - 2005
has remained stable in the past 10 years at around 40%.
The large share of euro area trade in the new EU Member States … reflects predominantly the high
weight of Germany (see Table 3 in the Appendix).
4
Moreover, trade among the new EU Member … 28% of total trade of the new EU Member States,
against 5.2% for France and 6.4% for Italy.
10
ECB
Working Paper Series …