The euro zone's economy shrank in the second quarter, but European stocks got a minor boost on Tuesday from France and Germany, which reported better-than-expected economic growth figures. France's economy didn't budge, but economists had expected it to contract by 0.1 percent. Germany, which grew by 0.3 percent, has been credited with keeping Europe's crippling debt problems from dragging the entire region into a recession. Still, says Jonathan Loynes of Capital Economics, "the big picture is that the economic growth required to bring the region's debt crisis to an end is still nowhere in sight."
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Chuck Hagel was a huge mistake
- Want to eliminate the scourge of frat culture? Lower the drinking age.
- 5 quick things you can do today to boost your creativity
- Yes, the Obama administration's green loans are unprofitable. They should be.
- 43 TV shows to watch in 2014
- Obama just kneecapped Jeb Bush and Chris Christie's 2016 prospects
- What would it take for humans to build a settlement on Mars?
- It's official: The religious right is calling it quits
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Why we gossip, according to science
Subscribe to the Week