Eurozone GDP data

BRUSSELS: The 19-country eurozone grew by a paltry quarterly rate of 0.3 per cent in the final three months of 2015 despite tail winds such as cheap energy, an export-boosting drop in the currency and monetary stimulus. The growth reported on Friday by the European Union’s statistics agency, Eurostat, was in line with market expectations after earlier reports showed Germany, Europe’s biggest economy, grew at the same rate and France, the region’s number two, expanded by 0.2 per cent.