The Greek economy grew by 0.2% Q/Q in the April to June period
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European shares opened lower this morning, but gradually reversed part of its losses to trade currently 0.5% lower. US Equities opened in positive territory.
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The German BGA trade association slashed its forecasts for export growth this year saying global demand for German goods has slowed significantly due to a delayed impact of Brexit.
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The Greek economy grew by 0.2% Q/Q in the April to June period, down from 0.3% Q/Q in the first quarter and also slightly below the market consensus, due to weaker consumer spending and net exports.
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The European Commission said it had a unanimous mandate from the 28 members to finalize negotiations on a free trade deal with the United States, a day after Germany's economy minister said the talks had "de facto failed".
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