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Europe stagnant [ClearOnMoney]
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Commentary

Europe stagnant

1 Dec 2013 by Jim Fickett.

A couple weeks ago Eurostat reported GDP through Q3. GDP has grown for two quarters now, in both the euro zone and the wider EU, so it is pretty clear the recession is over. Nevertheless, growth is lackluster and the year-over-year change in GDP remains negative in the euro zone.

Note also that although unemployment might have stopped rising, it is not clearly falling, either.

So in Europe, as in most of the world, the economy looks less than really healthy.

(See the Reference page EU output for sources, definitions, and past commentary.)