Rolling updates as the eurozone’s three largest economies only post modest growth in the last quarterLatest: Eurozone GDP misses expectationsFrench GDP up 0.3%.. but analysts aren’t impressed
Germany hit by global problemsItaly’s growth slows to 0.2%Finland’s GDP shrinks again 10.48am GMTThe weakness of the eurozone recovery adds “to the already strong case for the ECB to step up monetary stimulus in December,” says Nick Kounis, head of macro research at ABN Amro Bank.
Kounis added that while Europe’s domestic economy is doing well, or it is suffering from feeble world trade and deteriorating export markets. 10.42am GMTCyprus has posted another quarter of growth,as its recovery from its 2013 bailout trauma continues.
Cypriot GDP rose by 0.5% in July-to-September, matching the growth in April-June.
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Source: theguardian.com