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Author Archives: Top News Editor

ECB’s Draghi Says Gradual Slowdown Normal, Partly Temporary

Eurozone’s gradual economic slowdown is normal and temporary to some extent, and underlying inflation is expected to rise in the coming months, making policymakers confident that the massive asset purchase program could be ended in December, European Central Bank President ...

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Eurozone Private Sector Growth Slowest In Nearly 4 Years

Eurozone private sector grew at the slowest pace in nearly four years in November, with slower expansions in both manufacturing and services, amid weaker demand and confidence, flash estimates from IHS Markit showed on Friday. The composite purchasing managers’ index, ...

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German Economy Shrinks In Q3 On Weak Exports, Car Sales

Germany’s economy shrunk for the firs time since early 2015 and at the fastest pace in nearly six years, mainly due to weak exports and car sales, latest figures from the Federal Statistical Office confirmed on Friday. Gross domestic product ...

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