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Economic growth

Does France have right plan to revive its economy?
The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.
Greece faces slow, jobless recovery next year
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three ...
Ratings firm warns of economic slowdown in Russia
Russia faces harsh times ahead for its economy unless the government improves the country's poor investment climate and implements long-delayed ...
Eurozone recession is now longest in currency bloc
The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis ...
Eurozone's struggling economies mired in recession
The eurozone is stuck in recession — its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office ...
French economy falls back into recession
France's economy is in recession again — and that could spell more trouble for Europe. The national statistics agency, Insee, said Wednesday that ...
German economy returns to modest growth
The German economy managed to avoid sinking into recession during an unusually cold first quarter, but only just, official figures showed Wednesday.
Eurozone growth hopes emerge after industrial data
A larger-than-expected increase in industrial production across the 17 European Union countries that use the euro has raised hopes that the recession ...
Polish economy barely grew in Q1
Official figures show that Poland's economy barely grew in the first quarter of the year. The Central Statistical Office said Tuesday that its ...
Spain, Portugal demand quick action on bank union
The leaders of Spain and Portugal on Monday demanded that the 17-nation eurozone speed up efforts to create a banking union and complained that credit ...
Yen in focus as G-7 discusses nurturing recovery
Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the ...
IMF's Lagarde criticizes US spending cuts
International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in ...
German industrial orders up strongly in March
Germany's economy defied the eurozone gloom as official figures released Tuesday showed industrial orders rose strongly for a second straight month.
Spain, Italy team up to demand crisis relief
The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move ...
EU predicts eurozone recession to continue in 2013
Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record ...
Text of statement by ECB President Mario Draghi
Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ...
Oil inches up above $93 despite US growth letdown
Oil prices pushed back above $93 per barrel Monday as sentiment in financial markets was shored up by the formation of an Italian government and ...
Iceland returns center-right parties to power
In a dramatic about-face, Icelandic voters have returned to power the center-right parties that led the national economy to collapse five years ago.
Iceland opposition poised to win general election
Five years after Iceland's economic collapse, early returns signaled that austerity-weary voters are favoring the return of a center-right, ...
Below-par US growth keeps the pressure on markets
Markets in Europe ended the week with a whimper after a surprisingly big fall in Japanese consumer prices and lower-than-expected first-quarter U.S.
Britain dodges recession as economy grew in Q1
Britain has given the slip to the Triple Dip. The U.K. dodged a third recession after official figures showed the economy grew 0.3 percent in the ...
German government raises 2013 growth outlook
The German government on Thursday raised slightly its growth forecast for this year, though it still expects Europe's biggest economy to expand by ...