Eurozone growth slips as Russia-Ukraine war pushes up energy costs

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Eurozone growth slips as Russia-Ukraine war pushes up energy costs
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France’s economy stalls and Italy’s shrinks but Germany rebounds from contraction

Warning lights are flashing in the eurozone economy, with first-quarter growth in France stalling and shrinking in Italy, as Russia’s war inFigures from Eurostat, the EU’s statistics body, showed growth in GDP across the single currency area slipped to 0.2% in the first three months of 2022, down from 0.3% in the final quarter of 2021, when Omicron weighed on activity.

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