✉news BusinessEconomy first seen 1 d ago, last 12 h ago, peak #1
Euro zone growth slows to 0.4% as France contracts
Original: Euro zone economy slows to 0.4% growth in Q3 as crisis-hit France contracts
Euro zone economic growth slowed to 0.4% in the third quarter, with France in contraction amid its ongoing political and budget crisis. The weaker-than-hoped figures point to mounting pressure on the bloc's two largest economies and raise expectations that the European Central Bank could face calls to support growth. Analysts warn the slowdown may weigh on business confidence heading into year-end.
Why now: Fresh quarterly GDP data showing a slowdown, with France shrinking, has direct implications for growth, interest rates and budgets across Europe.
Euro zoneFranceEuropean Central Bank
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