Chris Williamson News
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The German economy expanded less than forecast in the first quarter and France slipped into recession, increasing pressure on the European Central Bank to do more to stimulate growth.
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Euro-area services and manufacturing output shrank for a 15th straight month in April and retail sales fell in March as the 17-nation economy struggled to emerge from recession.
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U.K. services unexpectedly strengthened in April as new business rose, adding to signs that Britain’s economic recovery may gain momentum.
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European Central Bank President Mario Draghi opened a new front in the battle against the debt crisis after cutting the benchmark interest rate to a record low today.
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Euro-area manufacturing output contracted for a 21st straight month in April, adding to pressure on the European Central Bank to cut interest rates to spur lending and growth.
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U.K. services unexpectedly strengthened in March, easing concern that the economy may be heading for a triple-dip recession.
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U.K. services unexpectedly strengthened in March, easing concern that the economy may be heading for a triple-dip recession.
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Euro-area industrial output expanded more than economists forecast in February, adding to signs that the economy is beginning to emerge from a recession.
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Euro-area services and factory output shrank for a 15th month in April as the currency bloc struggled to emerge from a recession, adding to pressure on the European Central Bank to do more to boost growth.
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U.K. manufacturing shrank for a second month in March as “lackluster” demand at factories weighed on economic growth, Markit Economics said.
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