Spain continues to slide deeper into recession. Economic output fell by 0.7 percent on the same period in 2011. It's the steepest decline in three years. Spending cuts and tax hikes are putting the brakes on growth.
Catalonia has held an unofficial referendum vote, deemed illegal by Spain's Constitutional Court. While the result will only be symbolic, regional leaders say a high voter turnout will bolster talks with Madrid.
Spain’s government has asked the Constitutional Court to stop Catalonia’s independence vote. Fears over the ailing Spanish market have bolstered the secessionist movement in the economically vital northeastern region.
The French economy is stagnating, with growth only in unemployment and the national debt. It will likely only hit the EU budget deficit target in 2017. Will the debt spiral continue?
European car sales logged moderate increases despite falling demand and stagnation in the eurozone's two largest economies. But the new figures show growth is at its slowest pace this year.
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