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Added on the 31/10/2016 15:25:49 - Copyright : Reuters EN
Euro zone growth will be slower than previously expected with subdued inflation this year, according to the European Commission's latest economic forecasts. As Grace Pascoe reports, it's warning of high external and internal risks to the bloc's economy.
There are more worries about the euro zone's economic recovery. As David Pollard reports, surveys show near-stagnation in German services put the brakes on overall private sector growth in September and euro zone business activity expanded at its weakest rate in almost two years.
Euro zone business activity expanded at its weakest rate since the start of 2015 this month as growth paths diverged. But on the plus side, there was an unexpected surge from France. David Pollard reports.
The German economy will lose steam in the second half of 2016 as weaker foreign demand causes industrial output to slow. As David Pollard reports, the warning from the Finance Ministry is another sign that Europe's biggest economy is set for a slowdown at a key time for Europe.
Despite floods and industrial unrest, France has seen a pick-up in services, offsetting weakness in manufacturing. Grace Pascoe looks at the latest PMIs and reports on the outlook for the rest of the euro zone.