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Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output. Gross domestic product in the 20-country eurozone ...
The outlook was lowered to 0.6% from 0.8% for the 20 countries that use the euro currency, and to 1.2% from 1.3% for next year, the commission said Wednesday in its autumn economic forecast, which ...
Europe is suffering from an innovation deficit and weak productivity, putting the region’s economy on a path to stagnation unless it changes course, according to Nobel laureate Michael Spence.
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Europe This Week is a business news show aired on CNBC Europe and on CNBC World in the US, co-presented by Guy Johnson and Louisa Bojesen, from 6pm to 6:30pm CET (12pm to 12:30pm EST) on Fridays. The programme, presented from CNBC Europe's London studios, examines stock markets and the economy in Europe during the past week, and sets the agenda ...
Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]