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Deepening EU slump may force Draghi to pull QE trigger Add to ...

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Europe’s foundering economy sprung new leaks Thursday – and they’re serious enough to turn up the heat on the European Central Bank to get off its hands and deliver a quantitative-easing lifeline.

New data showed that the euro zone’s economy stalled utterly in the second quarter, with gross domestic product unchanged from the first quarter – short of even the puny 0.1-per-cent quarter-over-quarter gain that economists had anticipated. On a year-over-year basis, euro zone growth is now a tepid 0.7 per cent.

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