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  • Forex » Slowdown in euro area threatens recovery
    November 15, 2013, 08:41 GMT

    The euro area economy expanded marginally in the third quarter, as stagnation and record high unemployment continue to threaten the currency bloc’s fragile recovery. Gross domestic product cooled to 0.1 percent in the euro area, compared to 0.3 percent in the second quarter. Eurozone GDP was down 0.4 percent from year-ago levels, according to Eurostat.