The Presidential Daily Brief

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    Eurozone Economy Slows in Third Quarter

    Nicht gut! The eurozone saw economic growth slow in the third quarter, owing to falling demand for its exports. France notably returned to growth during that period, with GDP up 0.3 percent. But Deutschland — the EU’s biggest economy — led the slump. It also saw 0.3 percent growth, but that was lower than Germany’s second-quarter 0.4 percent rate. France might just net its strongest year of growth since François Hollande took over in 2012, but the overall downturn is likely to force the European Central Bank to expand stimulus efforts.

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