Europe's Economy Grows 0.2%, but Germany's Struggles Weigh Down Overall Performance

Reported about 10 hours ago

The European Central Bank has kept its key interest rate steady at 2% amid manageable inflation, while businesses adapt to the impact of U.S. tariffs. Europe's economy saw a modest growth of 0.2% in the third quarter, primarily hindered by stagnation in Germany and Italy, both of which faced challenges including high energy costs and international competition. ECB President Christine Lagarde indicated that while the economy is growing, uncertainties from global trade tensions and tariff disputes remain.

Source: YAHOO

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