Financial Times FT.com

Eurozone economies diverge

By Ralph Atkins in Frankfurt

Published: May 6 2008 14:33 | Last updated: May 6 2008 14:33

Sharply diverging performances by the eurozone’s main economies have added to the European Central Bank’s discomfort ahead of Thursday’s interest rate setting meeting in Athens, according to survey data released on Tuesday.

Growth accelerated in Germany in April but slowed markedly in France – while the Spanish economy contracted sharply, the latest purchasing managers’ indices for the 15-country region showed.

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