14-08-2013, 08:44 PM
Eurozone's longest-ever recession comes to an end
BRUSSELS — Official figures confirm that the recession in the eurozone came to an end in the second quarter of the year.
Eurostat, the European Union's statistics office, says the 17 European Union countries that use the eurozone saw their collective economic output grow by 0.3 per cent in the April to June period from the previous quarter.
That was moderately better than the 0.2 per cent anticipated in the markets, largely because of solid economic growth of 0.7 per cent in Germany and a surprisingly strong 0.5 per cent bounce-back in France.
http://www.todayonline.com/business/euro...-comes-end
BRUSSELS — Official figures confirm that the recession in the eurozone came to an end in the second quarter of the year.
Eurostat, the European Union's statistics office, says the 17 European Union countries that use the eurozone saw their collective economic output grow by 0.3 per cent in the April to June period from the previous quarter.
That was moderately better than the 0.2 per cent anticipated in the markets, largely because of solid economic growth of 0.7 per cent in Germany and a surprisingly strong 0.5 per cent bounce-back in France.
http://www.todayonline.com/business/euro...-comes-end
