{"id":48460,"date":"2026-10-30T10:25:10","date_gmt":"2026-10-30T10:25:10","guid":{"rendered":"https:\/\/financialrush.com\/?p=48460"},"modified":"2026-10-30T10:25:10","modified_gmt":"2026-10-30T10:25:10","slug":"euro-zone-economy-slows-to-0-4-growth-in-q3-as-crisis-hit-france-contracts","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=48460","title":{"rendered":"Euro zone economy slows to 0.4% growth in Q3 as crisis-hit France contracts"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108458444\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Around 800,000 people demonstrated across France, including 250,000 in Paris, according to the CGT. The march in Paris began at 2 pm from the Porte d&#8217;Italie and headed for the Porte de Vincennes after the route was changed by the Police Headquarters at the last minute. October 24, 2026. (Photo by Telmo Pinto\/NurPhoto via Getty Images)<\/p>\n<p>Nurphoto | Nurphoto | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Economic expansion in the euro zone slowed to 0.4% in the third quarter, statistics agency Eurostat said on Friday. <\/p>\n<p>The 21-nation euro area rebounded to 0.6% growth in the second quarter, following stagnation in the first three months of the year. <\/p>\n<p>The flash third quarter reading was nonetheless higher than the 0.2% growth that was forecast in a Reuters poll of economists. <\/p>\n<p>However, France&#8217;s economy unexpectedly contracted by 0.1% over the July to September period. The country is grappling with <a href=\"https:\/\/www.cnbc.com\/2026\/10\/21\/france-protests-bonds-debt.html\">soaring borrowing costs<\/a> as investors balk at a political struggle to reduce its high <a href=\"https:\/\/www.cnbc.com\/2026\/10\/23\/france-debt-euro-zone-contagion.html\">deficit<\/a> amid growing\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/10\/29\/france-protests-riots-cost-damages-law.html\">nationwide unrest<\/a> over the cost of living. <\/p>\n<p>The European Central Bank <a href=\"https:\/\/www.cnbc.com\/2026\/10\/29\/european-central-bank-interest-rates.html\">voted to hold interest rates steady on Thursday<\/a>, saying a shock from higher energy prices was not yet feeding into second-round effects in the wider economy. But analysts said the ECB may still opt for one more rate hike in December as energy costs remain elevated.<\/p>\n<p>The central bank also said that downside risks to growth had increased.<\/p>\n<p><strong>This is breaking news. Please refresh for updates.<\/strong><\/p>\n<\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/10\/30\/euro-zone-gdp-france.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Around 800,000 people demonstrated across France, including 250,000 in Paris, according to the CGT. The march in Paris&hellip;\n","protected":false},"author":4,"featured_media":48461,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-48460","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/48460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48460"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/48460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/48461"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}