Eurozone economic growth eases modestly in Q2 as France’s slowdown offsets Germany’s stability
Economic growth in the 19-country eurozone eased slightly in the second quarter of the year, official figures showed Friday, as a sharp slowdown in France offset a solid exportreliant performance by Germany.
Eurostat, the European Union’s statistics agency, said quarterly economic growth across the region was 0.3 percent, down slightly from the 0.4 percent recorded in the first three months of the year.
The decline was widely anticipated across financial markets.
The figures highlighted a growing divergence between the region’s two biggest economies.