Greek bailout talks delayed, as commodity sell-off deepens - as it happened

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Greek bailout talks delayed, as commodity sell-off deepens - as it happened By country, growth slowed in Germany, albeit merely to a two-month low, while a three-month low was seen in France. Elsewhere in the region, the rate of expansion accelerated, pushing the pace of growth further ahead of both France and Germany yet failing to match the peaks seen earlier in the year. The survey data were collected between July 13- 23, after the July 5 Greek referendum and commencing on the day that Greece and its creditors subsequently struck an agreement on the country's third bailout, though there was little conclusive evidence from survey respondents as to the extent to which the events directly affected business activity either positively or negatively. However, business expectations about the year ahead in the dominant services economy dropped to the lowest seen so far this year, fuelled by weakened confidence in Germany and France, in a sign that the crisis appears to have dented business prospects. http://www.theguardian.com/business/live/2015/jul/24/greeces-creditors-return-to-athens-commodity -selloff-china-factories-business-live

Transcript of Greek bailout talks delayed, as commodity sell-off deepens - as it happened

Page 1: Greek bailout talks delayed, as commodity sell-off deepens - as it happened

Greek bailout talks delayed, as commodity sell-off deepens -as it happened

By country, growth slowed in Germany, albeit merely to a two-month low, while a three-month lowwas seen in France. Elsewhere in the region, the rate of expansion accelerated, pushing the pace ofgrowth further ahead of both France and Germany yet failing to match the peaks seen earlier in theyear.

The survey data were collected between July13- 23, after the July 5 Greek referendumand commencing on the day that Greeceand its creditors subsequently struck anagreement on the country's third bailout,though there was little conclusive evidencefrom survey respondents as to the extent towhich the events directly affected businessactivity either positively or negatively.

However, business expectations about theyear ahead in the dominant services economy dropped to the lowest seen so far this year, fuelled byweakened confidence in Germany and France, in a sign that the crisis appears to have dentedbusiness prospects.

http://www.theguardian.com/business/live/2015/jul/24/greeces-creditors-return-to-athens-commodity-selloff-china-factories-business-live