Re: INDICES.31 Jan 2020 12:25
The euro-area economy barely grew at the end of 2019 as unexpected contractions in France and Italy dealt the bloc its weakest quarter in almost seven years.
Output in the 19-nation region rose just 0.1% in the fourth quarter, down from 0.3% in the previous period, and underlying inflation slowed in January to the weakest in three months. The French economy shrank 0.1%, and Italy posted a 0.3% contraction. Germany has previously said it posted slight growth at the end of 2019 -- the official reading is due next month.
reports could revive calls for more spending by countries that have fiscal space, such as Germany. The ECB has repeatedly called for action, and the European Union’s executive arm is planning to publish a document next week asserting that the euro zone’s fiscal rules are too convoluted.
That's an understatement, not to mention more spending by countries that have fiscal space, such as Germany!!
Are there any others?