The 17 countries of the Euro zone eked out just 0.1 percent economic growth in the year's third quarter. That's down from 0.3 percent in the preceding quarter.
France's economy minister has warned Italy to respect its financial commitments to the EU under 'whichever government.' Bruno Le Maire said eurozone stability would otherwise be threatened.
Economic expansion in Europe's powerhouse is continuing in 2018, but GDP growth has slowed considerably, leaving observers disappointed. Nevertheless, the government sees no cause for alarm right now.
Germany's chancellor has hinted that defense spending is likely to increase in years ahead, saying reaching NATO's target was "not completely beyond the imagination." It comes amid budget talks and pressure from allies.
Trump’s decision to end the Iran nuclear deal will hit the Iranian economy, although with China and the EU not on board the impact may be less severe than some fear. How Iran's banking system fares could tell us more.
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