Zero GDP growth in France and plunging exports in Germany, Annabelle Williams analyses if the eurozone's core economies are on the brink of a recession - again
For a while, the eurozone's troubles remained largely confined to the periphery, with the ‘core' markets of France and Germany assumed to be safe havens. But as Spain, Italy, and even Greece have begun to show signs of recovery, bad news has started to engulf France and Germany, with some economists believing the core nations could be heading for a fresh crisis. France posted zero GDP growth for the first half of this year, and the European Commission is highly likely to reject President François Hollande's budget plans for 2015. Weakness also appears to be creeping in to Europe's ...
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