{"id":158,"date":"2007-09-04T15:35:29","date_gmt":"2007-09-04T15:35:29","guid":{"rendered":"http:\/\/www.the-finance-zone.co.uk\/uncategorized\/eurozone-growth-more-than-halved\/"},"modified":"2007-09-04T15:35:29","modified_gmt":"2007-09-04T15:35:29","slug":"eurozone-growth-more-than-halved","status":"publish","type":"post","link":"https:\/\/the-finance-zone.co.uk\/index.php\/2007\/09\/04\/eurozone-growth-more-than-halved\/","title":{"rendered":"Eurozone growth more than halved"},"content":{"rendered":"<table cellspacing=\"0\" cellpadding=\"0\" width=\"629\" border=\"0\">\n<tr>\n<td colspan=\"3\">\n<div class=\"mxb\">\n<div class=\"sh\" \/><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 416px\" valign=\"top\"><font size=\"2\"><!-- S BO --><!-- S IIMA --><\/p>\n<table cellspacing=\"0\" cellpadding=\"0\" width=\"203\" align=\"right\" border=\"0\">\n<tr>\n<td>\n<div><img loading=\"lazy\" decoding=\"async\" height=\"152\" alt=\"Euro notes\" src=\"http:\/\/newsimg.bbc.co.uk\/media\/images\/42166000\/jpg\/_42166602_eurozone_ap203jpg.jpg\" width=\"203\" border=\"0\" \/><\/p>\n<div class=\"cap\">Analysts expect a rebound later this year<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><!-- E IIMA --><!-- S SF --><strong>Growth has halved in the 13-nation eurozone between March and June 2007, following weaker investment.<\/strong>The area&#8217;s economy grew 2.5% on an annual basis, or 0.3% from to the previous quarter, official data showed.<\/p>\n<p>Analysts said the slowdown &#8211; after an expansion of 0.7% in the strong first quarter &#8211; had been expected, and was set to be short-lived.<\/p>\n<p>The data fuels the view that the European Central Bank (ECB) will leave interest rates unchanged this week. <!-- E SF --><\/p>\n<p>The ECB is set to meet on Thursday.<\/p>\n<p>&#8220;We had expected that investment would slow down after the very strong first quarter, &#8221; said Aline Schuiling, an economist with Fortis.<\/p>\n<p>&#8220;But it&#8217;s good to see that household spending rebounded following the VAT (value added tax) hike in Germany.&#8221;<\/p>\n<p>Business investment in the region fell 0.2% during the period, after seeing 2% growth in the first three months of the year.<\/p>\n<p>Juergen Michels of Citigroup said: &#8220;Exports recovered, and that&#8217;s good news, and imports were quite modest.&#8221;<!-- E BO --><br \/>\n<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Analysts expect a rebound later this year Growth has halved in the 13-nation eurozone between March and June 2007, following<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[12,48],"tags":[],"class_list":["post-158","post","type-post","status-publish","format-standard","hentry","category-economy","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=158"}],"version-history":[{"count":0,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/158\/revisions"}],"wp:attachment":[{"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/the-finance-zone.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}