Eurozone growth slowed to 0.1% in the third quarter, with disappointing numbers for the region's three industrial leaders. German growth eased to 0.3% while the French and Italian economies contracted. "The bleak GDP estimate shows just how fragile and hesitant the eurozone's recovery is -- so much so that it's questionable whether current economic conditions even qualify as a recovery," said Nicholas Spiro, managing director of Spiro Sovereign Strategy in London.

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