SUBSCRIBERS
Slower eurozone growth gives ECB ammunition to act in December
Published Fri, Nov 13, 2015 · 09:50 PM
Berlin
ECONOMIC growth in the eurozone slowed more than expected in the third quarter as weaker foreign trade held back leaders Germany and France, and with much of the rest of the bloc underperforming.
The 19-member eurozone grew by 0.3 per cent in Q3, the European Union's statistics office Eurostat said on Friday, reinforcing expectations that the European Central Bank (ECB) will expand its monetary stimulus next month.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’