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February 4, 2012 11:14 PM EST
Deflation Fears On The Rise

The strongest and weakest of the Euro zone had news on Friday. The Greek economy sank 1.5% in Q2, falling below the forecast for a 1.0% drop. Greece’s GDP was down 0.8% in Q1. Meanwhile, Germany’s GDP rose 2.2% in Q2, the best quarter since 1990. That topped expectations for a gain of 1.4%. It also helped the combined European Union’s Eurostat projections for combined growth of the 16 counties to 1.0%. Despite the solid Euro zone economy, all ... full story >>


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