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Europe is screwed if this is as good as it gets

From businessinsider.com

The eurozone just missed expectations for the third quarter, with gross domestic product rising 0.3% from three months earlier. That's a disappointment, since analysts were expecting a 0.4% rise. Unlike the United States, Europe calculates growth on a quarter-on-quarter basis, so the figure shows the total growth from the end of June to the end of September. In the US, that figure is annualised, so it seems much larger. We've also got the figures from each of the three biggest economies in Europe: Italian GDP rose by 0.2%, a weaker rate than financial markets were expecting. French GDP rose by 0.3%, in line with what ... (full story)

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