From Record-Setting Growth To Double-Dip Recession: Europe’s Fate Seen Sealed

From Record-Setting Growth To Double-Dip Recession: Europe’s Fate Seen Sealed

The euro-area economy expanded at a record pace in Q3, as the same "turn the lights back on" dynamic that helped drive US growth during the quarter played out to dramatic effect across the bloc. Growth clocked in at a blistering 12.7%, well more than the 9.6% consensus was looking for. The figures came a day after Christine Lagarde expressed considerable consternation about the outlook and telegraphed additional easing from the ECB in December. In short, Q3's rebound was overshadowed by new lo
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