More QE and rate cuts loom as poor figures from Finland, Germany and Greece reveal next phase of eurozone crisis is about to begin Greece is back in recession. Italy is barely growing. Portugal expanded but only at half the expected rate. The message could hardly be clearer: the next phase of the eurozone crisis is about to begin. On the face of it, the performance of the eurozone economy in the final three months of 2015 looks solid if unspectacular, with growth as measured by GDP up by 0.3%. Continue reading...
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