Europe's growth lags U.S. again, as Germany remains the eurozone's economic problem child

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Europe's growth lags U.S. again, as Germany remains the eurozone's economic problem child
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FRANKFURT, Germany (AP) — Europe’s economy enjoyed modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a...

FRANKFURT , Germany — Europe’s economy enjoyed modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap with Germany , the leading European economy, remaining in the dumps and as hesitant consumers save more, rather than spend on new houses or cars.

Tuesday's figures follow a similar 0.3% performance from the Jan.-March quarter, the first significant growth after more than a year of stagnation just above, at, or below zero. Those two trends are reversed in Europe where consumers are saving at record levels and governments have started restricting spending to reduce budget deficits.Form 8.5 - Touchstone Exploration Inc

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