The euro zone remains mired in recession, even as other parts of the world experience at least modest growth.
“The euro zone remains the weakest link in the world economy,” ING economist Peter Vanden Houte wrote in a research note. U.S. GDP grew at a 2.5% pace in the first quarter, and U.K. output expanded as well, albeit at a slower rate. Japan is expected to report growth in first quarter GDP later this week.
Read more : http://blogs.wsj.com/economics/2013/05/15/euro-zone-vs-u-s-economic-growth/
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