Data points to eurozone recovery losing steam in Q3
Published on Dec 4, 2013 10:56 PM
PARIS (AFP) - The eurozone recovery is losing steam, data released on Wednesday suggested, with France possibly heading back into recession.
Eurostat released its second estimate of the eurozone's third-quarter growth, which was unchanged at 0.1 per cent.
That marks a slowdown from the 0.3-per cent economic growth recorded in the second quarter when the eurozone escaped a record 18-month recession.
HSBC bank analyst Matteo Caminetta said the eurozone's dependence on global trade for recovery was obvious.
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