Economics
Euro-Area Maintains Momentum as Turmoil Threatens Outlook
- Fourth-quarter GDP rises 0.3%, matching pace of prior quarter
- ECB set to review current policy in March, may boost stimulus
Have Central Banks Run Out of Bullets?
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The euro-area economy maintained momentum at the end of 2015, though divergences across the region highlight ongoing struggles as global market turmoil threatens the outlook.
The 0.3 percent expansion in the fourth quarter was driven by Germany, its largest economy, which grew at the same pace. Growth in Italy slowed to just 0.1 percent -- the weakest in a year -- and Greece slipped back into recession.