Rolling coverage of the latest economic and financial news, including the latest eurozone growth figures
- Latest: Eurozone growth weakens to 0.1%
- Table: How Germany compare with UK, US….
- Breaking: German GDP flatlined in October-December
- German economy only grew 0.6% in 2019
- ING: Germany at risk of recession
1.36pm GMT
For days, investors have been fluctuating between panicking about the coronavirus, and persuading themselves that the crisis is abating.
Today they’re in a calm mood, pushing stocks in Europe up to new record highs.
Related: Channel 4 worker taken to hospital for coronavirus test
12.49pm GMT
Back in the UK, supermarket chain Tesco has been blasted by regulators for unlawfully blocking its rivals from opening stores.
It’s unacceptable that Tesco had these unlawful restrictions in place for up to a decade. By making it harder for other supermarkets to open stores next to its branches, shoppers could have lost out.
In the future, we want the ability to fine businesses if we find that they are in breach of our orders. That’s why we’ve called on the Government for more powers.
Source: German economy stagnates as eurozone growth hits seven-year low – business live
Category: Business, UK news, Stock markets, Germany, Europe, Economics
