Europe’s Economy Stumbles


europeEconomic officials worldwide are looking at Europe again, as the Eurozone saw a barely-there 0.2 percent growth in GDP in the last quarter. Perhaps even more troubling, Germany, which accounts for roughly a quarter of the zone’s GDP, contracted for the quarter by 0.2 percent.

The troubling news comes just a day after Japan announced its GDP shrank 6.8 percent. The country many are watching is Italy, where the pace of contraction increased to 0.2 percent. Read more at the New York Times.

{Andy Newscenter}


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