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Euro-area outlook threatened by global market turmoil

Though economy maintains momentum at end-2015, economists expect more challenges ahead

DARKNESS LOOMS: Factors such as low oil prices and the possible weakness of the US economy could give the German economy a hard time.


THE euro-area economy maintained momentum at the end of 2015, though divergences across the region highlight ongoing struggles as global market turmoil threatens the outlook.

The 0.3 per cent expansion in the fourth quarter was driven by Germany, its largest economy, which