Eurozone economy slows as France stalls and China risks loom
Berlin
ECONOMIC growth in the eurozone slowed in the second quarter as France stagnated and Italy lost momentum, held back by an uncertain global outlook that is weakening investment even in powerhouse Germany.
Growth in the 19-country currency bloc slowed to 0.3 per cent, missing expectations for a 0.4 per cent quarterly expansion that would have matched the first quarter.
TRENDING NOW
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Singapore’s CapitaLand sheds 10% of China staff amid downturn
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned