"In Greece the prime minister has promised a softeningof the bailout terms, whereas in Germany the government is under pressure not to soften by one single millimetre, " our correspondent said.
Those doubts will be reflected in a softeningof targets, in an easing ofterms that does not quite add up to a U-turn, but signals their doubts that the policy to save the eurozone is working.
The decline in exports, partially offset by a smaller decline in imports was not good, both in termsof our own trade balance, but also for what it implies about softening world trade.