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Wednesday, May 13, 2015

Growing pains: how eurozone economies are faring

The latest figures show a mixed bag for European trading partners as France leads the way in growth and Greece plunges back into recessionEurozone growth leapt ahead of the UK and US during the first three months of the year after cheap oil, a weak currency and a huge injection of funds by the European Central Bank pushed economic growth to 0.4%.With only four countries slipping backwards, the 19-member eurozone’s recovery outstripped the 0.3% growth rate recorded by the UK and 0.2% by the US in the same period. Related: Greece back in recession; Bank of England cuts growth forecast - live updates Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com