Germany can’t stop euro zone from sinking into longest recession

Reuters – Germany’s economy crept back into growth at the start of the year but not by enough to stop the euro zone from contracting for a sixth straight quarter, and France slid into recession. Falling output across the bloc meant the 17-nation economy is in its longest recession since records began in 1995. It shrank 0.2 percent in the January to March period, the EU’s statistics office Eurostat said on Wednesday, worse than the 0.1 percent contraction forecast by a Reuters poll. Read Article

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