Germany and France, two largest eurozone economies, perform better than expected but Italy slides back into recessionGermany and France, the eurozones two largest economies, performed better than expected in the third quarter, with Germany narrowly avoiding a triple-dip recession. However, Italy, the third-largest economy, has slid back into recession, its third since the financial crisis struck.The eurozone as a whole grew by 0.2% between July and September following 0.1% growth in the second quarter, according to Eurostat. Greece has finally come out of recession, after nearly six years of misery. Continue reading...
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