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FT.com / Europe - Europe trailing in dust of US recovery
The eurozone's economic recovery faltered late last year as a strong performance by France failed to offset stagnation in Germany and contraction in Italy and Spain.

Gross domestic product in the 16-country region crept just 0.1 per cent higher in the fourth quarter compared with the previous three months, reported Eurostat, the European Union's statistics office. That meant the eurozone was left behind by the US, which expanded 1.4 per cent in the same period.

The Financial Times is a Serious Newspaper™

Read it and tremble.

by afew (afew(a in a circle)eurotrib_dot_com) on Sat Feb 13th, 2010 at 11:49:31 AM EST
[ Parent ]
The Financial Times is a Serious NewspaperTM

Seriously wrong on this subject.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sat Feb 13th, 2010 at 05:05:52 PM EST
[ Parent ]
If the QE rally on Wall Street is factored out, how much recovery would there have been in the USA?

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Feb 13th, 2010 at 10:13:36 PM EST
[ Parent ]


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