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The economy RIVER! Eurozone to estanc & oacute; in the second quarter of a TODDLER, hampered by poor evolution OVERHAUL & n GDP of three of its major economies RIVER as:. Germany, France and Italy, a fact that can not reverse the growth of Espa LITTLE GIRL
The eurozone GDP & oacute He stayed; deadlocked when registering zero growth between April and June and also & eacute; n the recovery OVERHAUL & n econom mica the whole Uni & oacute; European n (EU) ralentiz & oacute ;, to grow by 0.2 percent, d & eacute; summit least sec STILL the c & aacute; calculation published yesterday by the Community Office of Statistics RIVER guitar Eurostat
The stagnation in the eurozone came AFTER eacute;. s that & lsquo; Eighteen & rsquo; recorded for the STILL. past quarters of 2013 and first of 2014 light but steady growth
The economy RIVER to the & aacute; rea currency com STILL affected by the contraction OVERHAUL & n 0 , 2 percent of German GDP & aacute, n, which had RIVER grown to one quarter ahead STILL at 0.7 percent
The German locomotive volcano & oacute.; mainly by external factors such as the d & eacute; bil evolution OVERHAUL & n of the eurozone and the uncertainty arising from geopolitical events RIVER ticos in Eastern Europe and the Middle East, according STILL Berl RIVER n, referring to tensions pol RIVER tics and . EU trade with Russia over the conflict in Ukraine
As if not enough, France’s second largest economy & RAY eurozone, encaden & oacute; second consecutive quarter zero growth and Italy, the third m & aacute; s important & oacute is immersed; in a recession & oacute, na late June
Pr & aacute;. cticamente only Espa LITTLE GIRL, I grew & oacute; 0.6 percent in the second quarter, Portugal, I went back & oacute; and it did grow at the same rate than its neighbor, and the Netherlands, which came back & oacute; . a positive with a 0.5 percent land, contributed positively to this scenario note
CE & oacute admitted; that & ldquo; external events can increase uncertainty but destac ;, & rdquo & oacute; that & ldquo; foundations are s & oacute, lidos and intact & rdquo; to advance the recovery OVERHAUL & n. That s & iacute ;, if pa RIVER countries that comprise & ldquo; remain on the path of reforms & rdquo,.
or to render oacute; n the EU executive, the greatest risk to the recovery & oacute n is complacency. To buttress his argument for reform, recalc & oacute; that GDP data you can see that & ldquo, the pa RIVER countries that have pursued reforms experiencing m & aacute growth, s strong compared to those with a reformist rate m & aacute, s slow & rdquo,.
In this context gave the example of a Espa & ntilde; aya Portugal, where recovery OVERHAUL & n econom mica wins AFTER eacute firmly, s of bold reforms that have pursued in STILL past few CHILDREN
The EC Deferred application & oacute.; adem & aacute; sa AUTUMN or any decision OVERHAUL & n on a possible revision OVERHAUL & n of the objectives of d & eacute; deficit and reiter & oacute; The recommendations for each pa RIVER v & s are fully aacute; Lidas. France recog & oacute; not meet yesterday & aacute, n its growth targets and d & eacute; deficit in 2014 and PIDI & oacute; . response at European level with the productive stagnation in the euro area
Out of this, the UK economy was RIVER European & oacute that tir; . the remaining pa RIVER ses, to grow in the second quarter 0.8 percent
EFE
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The eurozone economy stalled in the second quarter, weighed down by the poor performance of the GDP of three of its major economies. Germany, France and Italy, a fact that can not reverse the growth of Spain
The Eurozone GDP fell at an impasse when registering zero growth between April and June and the economic recovery of the whole of the European Union (EU) slowed, growing at 0.2 percent, one point less, as determined by the Community published yesterday statistical office Eurostat.
The eurozone stagnation occurred after the ‘Eighteen’ recorded for the last quarters of 2013 and 2014 the first light but steady growth.
The economy of the common currency area was affected by the contraction of 0.2 percent of German GDP, which had grown still one quarter ahead 0.7 percent.
German locomotive overturned mainly by external factors such as the weak performance of the euro area and the uncertainty arising from geopolitical events in Eastern Europe and the Middle East, according to Berlin, referring to the political and trade tensions between the EU and Russia over the conflict in Ukraine.
As if that were not enough, France, the second largest economy in the eurozone, for the second consecutive quarter chained null and Italy, the third largest, plunged into recession in late June growth.
Practically, only Spain , which grew 0.6 percent in the second quarter, Portugal, grew again and made it to the same rate as its neighbor, and Holland, who returned to positive territory with a 0.5 percent contributed this scenario a positive note.
The EC admitted that “external events can increase uncertainty,” but stressed that “the foundations are solid and intact” to advance the recovery. Of course, if the countries that make up “remain on the path of reform.”
In the EU executive opinion, the biggest risk to recovery is complacency. To buttress his argument for reform, he stressed that the GDP data you can see that “countries that have pursued reforms experiencing stronger growth compared to those with slower reform pace.”
In this context gave the example of Spain and Portugal, where economic recovery is gaining strength after the bold reforms that have been pursued in recent years.
The CE Autumn also postponed any decision on a possible revision of the deficit targets and reiterated that the recommendations for each country are fully valid. France acknowledged yesterday that its objectives for growth and deficit in 2014 will not be met and called for a European response to the stagnation of production in the euro area.
Out of this, UK was the European economy that pulled the rest of the countries, to grow in the second quarter by 0.8 percent.
EFE
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