LONDON—The European Central Bank remains under pressure to do more to shore up the economy of the 18-country eurozone despite third-quarter figures Friday showing a modest uptick in growth and Greece’s emergence from recession.
The eurozone growth of 0.2 percent compared with the previous quarter is still too weak to make a serious dent in the near-record unemployment, and few economists think it’s going to get much better any time soon.
The figure reported by the Eurostat statistics agency was stronger than the 0.1 percent tick recorded in the second quarter, which most in the markets had expected to be repeated. It …read more
Source: The Epoch Times
