As US outperforms expectations, Germany drives Europe’s problems with slowing economy – Firstpost
In a sign of difference between the trans-Atlantic economies, while the United States outperformed expectations, Germany emerged as the weakest...
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EU economy reaches “turning point”: official-Xinhua
Photo taken on Sept. 8, 2022 shows the Euro sculpture in Frankfurt, Germany. (Xinhua/Shan Weiyi)The first half of the year saw surprisingly strong growth, but "the outlook for economic growth now looks significantly weaker than in the Commission's summer forecast, while inflation will stay higher for longer," Dombrovskis said.BRUSSELS, Nov. 8 (Xinhua) -- The European Union's (EU) economy has reached a turning point, with forces that were driving growth having "largely faded away," European Commission Executive Vice-President Valdis Dombrovskis said on Tuesday in Brussels.The first half of the year saw...