Graphics: Eurozone of woes


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The euro area as a whole emerged from recession, but recovery remains incomplete and in some cases, fragile.

Growth rates saw healthy in the second quarter of the year (April to June), with Germany in particular recording a strong bounce-back.

But since then the pace of recovery in most large European economies has slowed down.

In the 16 countries that have adopted the euro, growth was 0.4% in the average from July to September, down by 1% three months earlier.

However, the image is in the Republic of Ireland and Greece, which had to put both to European partners for the financial assistance and whose economies are in recession still gloomy.

The United Kingdom, which is not in the euro area, is shown in grey in the chart to compare.


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