The latest numbers collected by the Eurosystem show that most euro area countries conduct more than half of their trade with partners outside the euro area in euro.
10  Data sources are: Center for Responsible Lending, Inside Mortgage Finance and Mortgage Bankers Association (MBA). Data for foreclosures refer to the sum of sub-prime AMR and FMR. 11  Keys et al (2010). 12  Source: Mortgage Market Statistical Annual (2007).