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Germany, ECB suffer eurozone gloom

Region's growth stalled in Q2, inflation slowed to weakest level in nearly five eyars

Published Sun, Oct 12, 2014 · 09:50 PM

Frankfurt

A RAFT of grim eurozone data last week alarmed financial markets and placed both Germany's doctrine of budgetary rigour and European Central Bank's monetary policy in the hot seat.

A seemingly never-ending stream of gloomy numbers sent the stock markets into a tailspin and exposed the fault lines in economic thinking across the 18-country euro area.