European Services Expand at Slowest Pace in 15 Months as Economy Weakens
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Service industries in the 12 nations sharing the euro, such as banking and travel, grew at the slowest pace in 15 months in November, adding to evidence that higher oil prices and the euro s advance to a record ...
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The sharp economic slowdown in the eurozone shown in the latest growth figures was of a &quot;one-off, temporary nature&quot; and growth will rebound to an annual rate
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The growth expectations of German finance professionals have dropped to their lowest level in 15 months amid fears that slowing global economic growth could hurt the nation's export-driven recovery, according to a survey released Tuesday.
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The UK economy will see its weakest period of growth in 15 years and risks a recession, a report warns.
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The euro-zone economy grew by 0.5 percent in the second quarter of 2004, a touch slower than in the first three months of the year, according to initial estimates released Tuesday by the European Union.
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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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BRUSSELS - European economic growth slowed sharply in the third quarter due to the strength of the euro and high oil prices, casting a pall over the prospects for the eurozone in the quarters ahead.
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The British economy braked sharply in the third quarter when growth slowed to 0.4 percent, the weakest pace for over a year, as a string of interest rate rises took effect, official figures showed.
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VALLETTA/ST. JULIAN'S, Malta  - The euro zone economy could slow more than previously forecast, a policymaker said on Saturday, as other EU leaders voiced worries about the weak U.S. economy and the strong euro currency.
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Germany's economy, Europe's largest, expanded at the slowest pace in more than a year in the third quarter as increased investment in machinery failed to offset a drop in exports and consumers' reluctance to ...
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The European Union's aid programme is criticised for being slow, inefficient and poorly targeted by think tank Open Europe.
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Economic growth in the euro area slowed to 3 percent while the EU as a whole expanded by a slower 3.2 percent in the first three months of the year as household spending barely moved, the European Union said Friday.
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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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WASHINGTON : The vast US services sector grew at a slower pace in September as hurricanes and high energy prices inflicted pain, a survey showed.
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Germany's fragile recovery slowed in the third quarter as exports slipped, with Europe's biggest economy growing by just 0.1 percent, according to government figures released Thursday that underlined concerns ...
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The euro sank to a near-three week low  against the dollar and stocks eased on Wednesday after data  showed sluggish growth in euro zone services.
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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.