Is Europe Stagnating?


The eurozone economy ground to a halt in the second quarter. GDP was literally flat compared to the previous quarter, which marked a slowdown compared to the meagre 0.2% growth rate seen in the first quarter. The outcome was even weaker than economists' lowered expectations. 



The eurozone economy ground to a halt in the second quarter. GDP was literally flat compared to the previous quarter, which marked a slowdown compared to the meagre 0.2% growth rate seen in the first quarter. The outcome was even weaker than economists’ lowered expectations. The report has once again shun a critical spotlight on Europe’s economic performance. In this week’s Big Picture we try to answer some of the big questions that arise.

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