Daily Memo: Highs and Lows in Europe’s Economic Recovery

Germany had a disappointing fourth quarter, while France ended 2021 on a high.

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European economic update. Germany’s gross domestic product fell by 0.7 percent in the fourth quarter of 2021 compared with the previous quarter, marking an end to the country’s economic recovery, which had lasted through the summer. The decrease comes amid persistent supply chain bottlenecks, high energy prices and new public health measures to contain the […]

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