Thursday, May 24, 2007

Eurozone economy slows to 3.1 percent

Eurozone economy slows to 3.1-percent growth in first quarter (AFP)

Bundled euro banknotes. The 13-nation eurozone economy shifted down a gear in the first quarter with growth of 3.1 percent over 12 months as a German sales tax rise hit consumers in Europe's biggest economy, official EU data showed.(AFP/File/Philippe Desmazes)AFP - The 13-nation eurozone economy shifted down a gear in the first quarter with growth of 3.1 percent over 12 months as a German sales tax rise hit consumers in Europe's biggest economy, official EU data showed Tuesday.


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