Within the Eurozone there were great differenced among national markets In US dollar terms only lreland (+1.63%) and Belgium (+2.97)escaped a year -to -daet loss, and elsewhere in Europe, only Denmark has remained in positive territory, at +7.03% The losses in US dollar returns for Finland (-2.893.19%) and Spain (-3.89%) were relatively small.In contrast, very sizable losses in US dollar terms were the case for Germany (-11.22%), France (-11.33%), and, with oil prices plunging, Norway (-23.03%). US investors in the Eurozone who used an ETF hedged against currency changes were able to limit their losses. For example, the Wisdom Tree Europe Hadged Equity Fund year - to -data return is-1.64%