The eurozone's poor performance was largely due to economic downturns in Germany and France, the bloc's two largest economies, which contracted by 0.2% and 0.1%, respectively.

The zero growth in the quarter missed even the modest 0.1 per cent expansion predicted by economists polled by Reuters and 0.4 per cent growth in the third quarter. For 2024, the Eurozone economy ...

Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank.