Click to get this free report ISHARS-EMU IDX (EZU): ETF Research Reports SPDR-EU STX 50 (FEZ): ETF Research Reports To read this article on Zacks.com click here. Germany, Europe's largest economy, saw weak growth of 0.3%, down from 0.7% recorded in the fourth quarter (read: Will Recent Strong Gains in the Greek ETF Last? Deflationary spiral, a major threat to fragile economic recovery, seems to be coming to an end with Euro zone escaping four straight months of deflation.