After writing extensively about the abysmal US Q1 GDP report two weeks ago ('It’s the Weather, Silly'), this week attention turned to Europe, as GDP figures over the first quarter were released. Although US growth was disappointing, euro zone growth was even weaker. Many countries actually had a declining GDP or came in below expectations. Only Germany surprised on the upside.

European Growth Horrendous: Politicians Blame the Weather, Again

Dutch GDP Declines 1.4% in Q1

It Was Too Warm!

Bad News: European Elections Coming Up

Europe Is in Terrible Shape


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