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Despite Tail-winds, Eurozone Economy Loses Momentum

The eurozone economic recovery lost momentum in the third quarter of the year, official figures showed Friday — a development that's set to pile further pressure on the European Central Bank to expand its monetary stimulus. Despite a series of tail winds, the 19-country eurozone grew by only 0.3 percent in the July-September period from the previous quarter. That was below market expectations for a second straight 0.4 percent quarterly rise. On an annual basis, the eurozone economy...

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