** People rescuing an injured passenger from inside a passenger bus hit by a truck on Dhaka-Mawa Expressway in Shologhar area of Shreenagar upazila in Munshiganj on Thursday. ** Motorcycles allowed on Padma Bridge after 10 months ** Commuters charge extra fare, passengers disappointed ** 78 people killed in Yemen stampede ** Moon sighting committee meets today to ascertain Eid day ** 9 killed in road accidents in 3 districts ** US announces new $325 m military aid package for Ukraine ** Eid-ul-Fitr in Saudi Arabia today ** Eid exodus begins ** LPG price cut illusive ** 15 hurt as bus overturns in capital ** New interbank cheque clearing timings set for Eid holidays ** Four women hit by a train die in Tangail ** 12.28 lakh SIM users left Dhaka on Tuesday ** Sylhet engineer threatened over power outage ** People rush to village homes to spend Eid holidays with their near and dear ones. This photo was taken from Sadarghat Launch Terminal on Tuesday. NN photo ** Surge in cases of dehydration, diarrhoea amid summer heat wave ** Padma Bridge construction cost increases by Tk 2,412cr ** PM gives Tk 90m to Bangabazar fire victims ** Textile workers block highway demanding wage, Eid bonus ** Attack on PM's motorcade Ex-BNP MP, 3 others get life term ** Load-shedding increases for demand of electricity during heat wave ** Motorbikes to be allowed on Padma bridge from Thursday ** 5-day Eid vacation begins from today ** Take Nangalkot train accident as a warning about negligence of govt functionaries **

Eurozone growth stalls, France lags, deflation threatens

01 July 2014

AFP, Paris :
Europe's fragile recovery is stalling, a batch of economic data showed this week, with analysts warning that France, with the eurozone's second-biggest economy, could be slipping into another downturn.
Even the eurozone's economic powerhouse Germany-whose performance is increasingly divergent from laggard France-is starting to show signs of slowing growth and posted the lowest inflation for four years at 0.9 percent.
This adds to concerns that the spectre of eurozone deflation is coming closer.
Just a month ago, EU Economic Affairs Commissioner Siim Kallas sounded the all-clear for the bloc's economic health, saying that a "recovery has taken hold".
With Portugal joining Ireland in exiting a billion-euro bailout programme, and even Greece successfully raising money on the markets, the eurozone was looking to put its debt crisis behind it.
Analysts have backed this up from the standpoint of monetary policy, saying that decisions by the European Central Bank in the last two years to underpin the eurozone debt market have doused the debt crisis.
But, almost as quickly, data has emerged suggesting that the fallout from that crisis still weighs heavily on confidence, investment and growth.

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