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Euro Area Growth Slows To Seven-Year Low As France And Italy Contract

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bible translation: COMPLETE JEWISH BIBLE

Euro Area Growth Slows To Seven-Year Low As France And Italy Contract

Post by keifa »

Euro area growth slows to seven-year low as France and Italy contract

The three largest economies in the euro area fail to record any growth between them, renewing expectations of more stimulus ahead.

James Sillars, business reporter

Economic growth in the 19-nation area which use the euro has fallen back - led by the French and Italian economies finding a reverse gear.

An early estimate of eurozone output by the EU's Eurostat service found collective growth of 0.1% in the final three months of 2019 following a figure of 0.3% in the July-September quarter.

That left the year-on-year rate of growth at 0.9% - its weakest level for seven years.

The slowdown in the final three months was driven by the bloc's three largest economies as France contracted by 0.1% and Italy shed 0.3%.

The dominant force that is Germany continued to stagnate - recording zero growth.
Read More Sky News

Thigibh a nis le buidheachas
n a gheataibh-san a steach,
Is thigibh fòs le maladh mòr
an cùirtibh naomh a theach :
Is thugaibh dha mòr-bhuidheachas,
ainm beannaichibh gu binn.

Psalm 100: 4

"Beware of the false prophets! They come to you wearing sheep's clothing, but underneath they are hungry wolves! You will recognize them by their fruit. Can people pick grapes from thorn bushes, or figs from thistles?
Matthew 7: 15-16 Complete Jewish Bible

Dear friends, don't trust every spirit. On the contrary, test the spirits to see whether they are from God; because many false prophets have gone out into the world.1 John 4:1 Complete Jewish Bible

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