Europe's economy shows modest growth after months of stagnation as rate hikes weigh on businesses

Europe's economy shows modest growth after months of stagnation as rate hikes weigh on businesses

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FRANKFURT, Germany -- The European economy grew modestly in the most recent quarter, breaking out of a months of stagnation or contraction as higher interest rates designed to fight inflation make it more expensive for households and businesses to borrow, invest and spend. The 20 countries that…

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