Facts on European Monetary Union

["Richard Chehovin" <galacticfxinternational@xxxxxxxxxxxxxxxx>]

The following is a comparison of the 11 Euro-area countires vs. the 15
European Union, the United States and Japan. The data was compiled from 1997
statistics made available thru EuroStat, IMF and the OECD. All figures are
stated as a percent of GDP, unless otherwise noted.

Statistic                                    Euro        EU-15         US
Japan

Population (milllions)              290           374            268
126
Employed                                113            115           130
65
Unemployed                            15.2           18             6.7
2.3
GDP (ECU Billions)               5.546       7.138        7.155
3.702
GDP per worker (ECU)        49,000     47,500      53,000       57,000
Govt Revenues                         47             46.3         36.7
32.6
Outlays                                      49.6          48.7          37
36
Fiscal
                   -2.5          -2.4         -0.3               -3.4
Gross Govt. Debt                     75.2          72.1        63.1
99.7
Exports of Goods                     12.3          9.2           8.1
8.8
Import of Goods                       11.0          8.6          10.6
6.9
Current Acct Balance (ECU)  102           93           -137              77

Respectfully,

Richard Chehovin