歐元區

Eurozone economy fails to grow in second quarter

The eurozone’s economic recovery has shuddered to a halt, bolstering calls for the European Central Bank to take aggressive measures to boost growth and halt a slide towards deflation.

Gross domestic product was flat between April and June, compared with growth of 0.2 per cent in the first quarter, according to official figures on Thursday, while inflation fell to a four-and-a-half-year low of 0.4 per cent in July.

Dismal performances from Germany, France and Italy -- the core of the single-currency region -- were responsible for the stagnation, while parts of the periphery beat expectations.

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