Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty

Europe’s GDP Growth Falls To 0.2 Percent

BRUSSELS, Aug. 16 (UPI) — The European Union’s economy grew 0.2 percent in the second quarter compared to the first, the statistical agency Eurostat said Tuesday.

The economy grew 1.7 percent over the past 12 months, Eurostat said. The numbers were identical to quarter-to-quarter and year-over-year figures for the 17-member eurozone, which shares the euro as currency.

The figures were published just before a summit meeting Tuesday between French President Nicolas Sarkozy and Germany Chancellor Angela Merkel,

The report says quarter-to-quarter growth was flat in France and 0.1 percent in Germany. Overall, bleaker numbers leave few options for the leaders who will discuss ways to curtail the spreading debt crisis in Europe.

Following the downgrade of the U.S. credit rating, it is feared that France will also fall from the top tier and lose its Triple A credit rating as well.

The European statistical office said the gross domestic product grew fastest in the quarter in Latvia, up 2.2 percent, and held flat in Portugal, Hungary and France.

The report is considered a “flash estimate” that could be revised as more data becomes available.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Europe’s GDP Growth Falls To 0.2 Percent”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at


Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.