Sorry tale of weak growth in eurozone continues

The data published last week on the performance of the eurozone economy in the third quarter of 2014 showed no change to the long and sorry tale of very weak growth. 

The economy expanded by just 0.2% in the quarter following meagre growth of only 0.1% in quarter two.

This anaemic performance stands in marked contrast to the US and UK economies, which grew by 0.9% and 0.7%, respectively, in the third quarter.