France, Germany: Barely positive Q3 GDPs, outlook negative
An article November 15 reported:- France and Germany each saw GDP growth of only 0.2% in the quarter ended September 30;
- Germany's economy is likely to show a decline in GDP in Q4, with France likely to follow Germany;
- the Eurozone economy as a whole is likely to now have 'slid' into recession (now confirmed); and,
- no big news, but the article says "Italy and Spain have been contracting for months and Greece ... is suffering an outright depression".
- Friday, November 16, 2012