SCOREBOARD: European battle toll

It's now official the eurozone is in a recession, but growth in France and Italy is on the rise.

That’s its official now doesn’t really change very much, because for all intents and purposes the eurozone was already in a recession. Makes for good headlines though, and in this tale of woe that the market has become that’s what matters. For interest, the official guideline is that the eurozone economy contracted 0.1 per cent in the third quarter after a 0.2 per cent fall.

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