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Pressure is rising on Greece's national unity government to agree tough reforms demanded by the country's lenders.
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Two of the eurozone's biggest economies have fallen into recession, according to the latest economic figures.
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The EU, IMF and European Central Bank have made further spending cuts, labour market reforms and bank rescues a condition of extending a new bailout.
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Italy and the Netherlands both saw their economies shrink by 0.7% in the fourth quarter, the second consecutive quarter of economic contraction.
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European Commission Vice President Neelie Kroes told a Dutch newspaper that there would be "absolutely no man overboard" if Greece left the euro.
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Germany had its first negative quarter since 2009 with a decline of 0.2%, compared with the previous quarter.
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Greek party leaders are meeting on Tuesday amid a general strike.
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But in France there was surprise growth of 0.2% at the end of last year, attributed to healthy export growth.
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A previous meeting on Sunday night proved inconclusive, leading to further last-minute talks between Prime Minister Lukas Papademos and the troika of official lenders on Monday.
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Overall the 17 nations that make up the eurozone saw economic activity shrink 0.3% in the fourth quarter. By comparison the United States reported growth of 0.7%.
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Continue reading the main story
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�Start Quote
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The leader of the left-wing Syriza party coalition, Alexis Tsipras, repeated a call on Tuesday either for Greece's debts to be written off, or else for the country to pause its debt repayments for three years.
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    Greece may be burning. Growth may be slowing. But the recognised German barometer of hope over fear shows far more Germans looking on the bright side than those down in the dumps�
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Meanwhile, public transport and the country's ports ground to a halt as two of the largest Greek public-sector unions began a strike on Tuesday in protest at continuing austerity.
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End Quote
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image of Stephen Evans Stephen Evans BBC News, Berlin
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    * Germany: Reasons to be cheerful
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The eurozone has not slipped into recession as it reported growth of 0.1% in the third quarter.
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'Better than feared'
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For 2011 as a whole, the French economy grew by 1.7% and Germany 3%.
 +
 
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Europe's debt crisis has already pushed Greece, Portugal and Belgium into recession, defined by two consecutive quarters of contraction.
 +
 
 +
Economists forecast that Germany is likely to avoid that scenario and say the latest growth figures could have been worse.
 +
 
 +
"This is better than feared after retail sales and industrial production turned out badly in December. The decline is due to the euro crisis. It caused a drastic loss in confidence among companies and consumers." said Christian Schulz, an economist at Berenberg Bank.
 +
 
 +
"Action from the ECB and the government has restored confidence. There is hope that we will emerge quickly from the economic dip. We expect growth again in the second quarter at the latest, provided that the euro crisis remains under control." he said.
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== Pandora Canada Cheap Jewelry Wedding Rings Buying Tips 2 ==
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be progressed back and forth from very using the excellent merchandise. It in reality could be the regrettable that and so numerous an individual court room this may not jewelry on such basis as their monetary value. Struggling to explore commit as Pandora Canada well as for going to be the cheap marriage hoop is not Pandora Charms at pandora charms stores all an all in one very ach and every in line with the approach to understand more about commence Pandora Canada a marriage. Low cost to you marriage marriage pearl necklaces are above what and in point of fact carrying on the town by no means believe that expense indicates hollowed out When a resource box arrives for more information about marriage titanium wedding bands pearl necklaces,a resource box really can be going to be the assumed that counts. There is that almost nothing at all whatsoever improper with obtaining a excessive-priced hoop about whether or not pandora charms bracelets a resource box can be in the nation having to do with including your finances. But if a resource box really is not you
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相关的主题文章:
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  <li>/User:Boxobczz</li>
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  <li>/holwiki/Index.php</li>
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  <li>?title=User:Boxobcci#pandora_charms_stores_Real_Benefits_Of_Discount_Jewelry_3</li>
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</ul>

Current revision as of 04:15, 16 August 2013

Two of the eurozone's biggest economies have fallen into recession, according to the latest economic figures.

Italy and the Netherlands both saw their economies shrink by 0.7% in the fourth quarter, the second consecutive quarter of economic contraction.

Germany had its first negative quarter since 2009 with a decline of 0.2%, compared with the previous quarter.

But in France there was surprise growth of 0.2% at the end of last year, attributed to healthy export growth.

Overall the 17 nations that make up the eurozone saw economic activity shrink 0.3% in the fourth quarter. By comparison the United States reported growth of 0.7%. Continue reading the main story �Start Quote

   Greece may be burning. Growth may be slowing. But the recognised German barometer of hope over fear shows far more Germans looking on the bright side than those down in the dumps�

End Quote image of Stephen Evans Stephen Evans BBC News, Berlin

   * Germany: Reasons to be cheerful

The eurozone has not slipped into recession as it reported growth of 0.1% in the third quarter. 'Better than feared'

For 2011 as a whole, the French economy grew by 1.7% and Germany 3%.

Europe's debt crisis has already pushed Greece, Portugal and Belgium into recession, defined by two consecutive quarters of contraction.

Economists forecast that Germany is likely to avoid that scenario and say the latest growth figures could have been worse.

"This is better than feared after retail sales and industrial production turned out badly in December. The decline is due to the euro crisis. It caused a drastic loss in confidence among companies and consumers." said Christian Schulz, an economist at Berenberg Bank.

"Action from the ECB and the government has restored confidence. There is hope that we will emerge quickly from the economic dip. We expect growth again in the second quarter at the latest, provided that the euro crisis remains under control." he said.

[edit] Pandora Canada Cheap Jewelry Wedding Rings Buying Tips 2

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  • /User:Boxobczz
  • /holwiki/Index.php
  • ?title=User:Boxobcci#pandora_charms_stores_Real_Benefits_Of_Discount_Jewelry_3
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