{"id":311340,"date":"2010-02-12T07:01:00","date_gmt":"2010-02-12T12:01:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/pigs-drag-eurozone-gdp-towards-recession"},"modified":"2010-02-12T07:01:00","modified_gmt":"2010-02-12T12:01:00","slug":"weakest-links-drag-eurozone-gdp-back-towards-recession","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/311340","title":{"rendered":"Weakest Links Drag Eurozone GDP Back Towards Recession"},"content":{"rendered":"<p><div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>Eurozone GDP notably slowed in the fourth quarter of 2009, growing just 0.1% over the previous quarter.<\/p>\n<p>Sluggish growth from major economies appears to have been dragged down by falling GDP in some of the weaker periphery economies.<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"text-decoration: underline;\">Euro Stat:<\/span> GDP increased by 0.1% in both the euro area (EA16) and the EU271 during the fourth quarter of 2009, compared with the previous quarter. &#8230;In the third quarter of 2009, growth rates were +0.4% and +0.3% respectively.<\/p>\n<p>European growth is pretty weak when compared to that of the U.S. during the same periods, based on the same data source (Euro Stat):<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"text-decoration: underline;\">Euro Stat:<\/span> During the fourth quarter of 2009, US GDP increased by 1.4% compared with the previous quarter, after +0.6% in the third quarter.<\/p>\n<p>Here&#8217;s where Europe appears to be markedly diverging from the U.S. &#8212; industrial production looks as though it is now falling from its previously meek rebound:<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"text-decoration: underline;\">Euro Stat Industrial Production Report:<\/span> In December 2009 compared with November 2009, seasonally adjusted industrial production fell by 1.7% in the euro area (EA16) and by 1.9% in the EU272. &#8230; Compared with 2008, the average production index for 2009 fell by 14.9% in the euro area and by 13.9% in the EU27. These estimates are released by Eurostat, the statistical office of the European Union.<\/p>\n<p style=\"padding-left: 30px;\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b7536fe0000000000358aa7-550-\/chart.gif\" border=\"0\" alt=\"Chart\" width=\"550\" \/><\/p>\n<p><em>Add my twitter for a filter of analysis-only like this: @vincefernando<\/em><\/p>\n<p><a href=\"http:\/\/www.scribd.com\/doc\/26767338\/2-12022010-BP-EN\" title=\"View 2-12022010-BP-EN on Scribd\">2-12022010-BP-EN<\/a><br \/>\n<object id=\"doc_886631349830899\" style=\"outline: none;\" width=\"100%\" height=\"600\" name=\"doc_886631349830899\" type=\"application\/x-shockwave-flash\" data=\"http:\/\/d1.scribdassets.com\/ScribdViewer.swf\"><param name=\"movie\" value=\"http:\/\/d1.scribdassets.com\/ScribdViewer.swf\" \/><param name=\"wmode\" value=\"opaque\" \/><param name=\"bgcolor\" value=\"#ffffff\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"FlashVars\" value=\"document_id=26767338&amp;access_key=key-wz2kq7apbvmnd3tbcd&amp;page=1&amp;viewMode=list\" \/><embed id=\"doc_886631349830899\" type=\"application\/x-shockwave-flash\" width=\"100%\" height=\"600\" src=\"http:\/\/d1.scribdassets.com\/ScribdViewer.swf?document_id=26767338&amp;access_key=key-wz2kq7apbvmnd3tbcd&amp;page=1&amp;viewMode=list\" name=\"doc_886631349830899\" allowscriptaccess=\"always\" allowfullscreen=\"true\" wmode=\"opaque\" bgcolor=\"#ffffff\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/pigs-drag-eurozone-gdp-towards-recession#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/greece-is-europes-bear-stearns-but-what-will-be-its-lehman-2010-2\">Greece Is Europe&#8217;s Bear Stearns, But What Will Be Its Lehman?<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/striking-greek-unions-send-a-message-screw-you-europe-wheres-our-bailout-2010-2\">Striking Greek Unions Send A Message: Screw You Europe, Where&#8217;s Our Bailout?<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/asia-laughing-as-europe-reels-from-crisis-fears-2010-2\">Citi: Asia Laughing As Europe Reels From Crisis<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/95hFYrcMvgM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eurozone GDP notably slowed in the fourth quarter of 2009, growing just 0.1% over the previous quarter. Sluggish growth from major economies appears to have been dragged down by falling GDP in some of the weaker periphery economies. Euro Stat: GDP increased by 0.1% in both the euro area (EA16) and the EU271 during the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-311340","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/311340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=311340"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/311340\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=311340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=311340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=311340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}