EuroFora

EuroZone's Industrial orders grew more than expected reaching a + 5,2% High on March 2010, (instead of only + 2% for each Month as experts had previously anticipated).

This New Fact made EuroState review the monthly Growth rate Upwards : from +1,5 % up to +1,9 % in EuroZone's 16 Member Countries.

For all 27 EU Member States, the Industrial orders grew + 5,9%, but the monthly Growth rate remained +1,1%. (However, UK's growth rate estimation was revised slightly Upwards +0,3%, after the Cameron - Sarkozy - Merkel meetings).

Compared to Last Year : March 2009 - 2010, EuroZone's Industrial Orders mark a more Spectacular Growth, reaching up to 19,8%, and 20,7 in all the EU.

Without the volatile AeroSpace and Naval construction data (which usually vary inconsistently), the March 2010 Industrial Orders' Growth in EuroZone augmented up to +4,5% compared to the previous Month, but more compared to the previous Year 2009 : Up to  + 20,2%.

Added also to other similar earlier developments, from the beginning of 2010 (f.ex. Franco-German Exports' growth, etc), this Trend seems to indicate that the Economic Policy planned mainly by French President Sarkozy and German Chancellor Merkel, in agreement with EuroZone and most EU Member Countries, (i.e. to focus on Investing in High-Tech Innovation and Strategic Productions' Growth, compared to US President Obama's "double track" recipe, dividing resources between Investment and Consumption boost), has already started to bring its first fruits.

But it must, obviously, go up to the end, while also advancing further adequate measures, in order to mark a decisive Win vis a vis the Global Crisis and hopefully open New Horizons in a few years' time.