Slowdown in growth caps worst week for the Euro-zone
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ACROSS the Euro-zone last week there were tell-tale signs of panic setting in. To the evident worries of the euro being forced to further record highs against the dollar, were added grim evidence by the weekend of a sharp economic slowdown.
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BRUSSELS, Belgium  - The growth of the euro-zone economy slowed in the final quarter of 2004 as Germany, the Netherlands, Italy and Greece each experienced a contraction in output, European Union data showed Tuesday.
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Slumping corporate spending and exports caused the economy to slow to a crawl in the July-September period, with real gross domestic product expanding just 0.1 percent from the previous quarter, Cabinet Office data showed Friday.
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Eurozone economic growth slowed in the three months to the end of September, revised official figures show.
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PARIS : Eurozone indicators to be released in the coming week should confirm that the pace of economic growth slowed in the third quarter, economists say.
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The German economy shrank by 0.2 percent in the last three months of 2004, a preliminary estimate by the federal statistics office, Destatis, shows, confirming a slowdown in activity in the eurozone's biggest economy in the second half of last year.
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The European economy slowed significantly in the second quarter as spending lagged, official reports showed on Tuesday, and economists expected growth in the region to be soft into early next year as consumers ...
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The economy nearly stalled in the first quarter with growth slowing to a pace of just 0.6 percent. That was the worst three-month showing in over four years.
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Eurozone growth falls by more than half between April and June 2007, official EU figures show.
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Europe&#39;s main stock markets faltered on Thursday following heavy losses on Wednesday triggered by an increase in eurozone interest rates, dealers said.
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The global credit crunch, created by  uncertainty about the size of losses in the U.S. mortgage  market, will curb euro zone economic growth in coming quarters,  the European Commission said.
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Inflation in Germany, the eurozone's biggest economy, looked set to slow this month as a result of easing energy prices, key regional data showed.
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Germany, the largest eurozone economy, lowered its 2008 growth forecast Thursday to 2.0 percent from 2.4 percent and its economy minister warned that fallout from a banking crisis could do more damage still.
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Eurozone figures to be released this week should show business confidence beginning to slide again owing to concern over slowing growth and the strong euro, economists said.
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European equities were set for a slow start on Thursday, within sight of five-year highs, but with little in the way of impetus to drive them there.
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A dismal performance by European retailers led the continent's stock markets lower on Wednesday as fears escalated about a global economic slowdown.
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Â¤ Financial markets had a very tough month, characterised both low trading volumes and fears that the global economic recovery has slowed down.