Eurozone countries emerge from recession

Author: By Kelly Macnamara, Press Association

European countries using the single currency grew their collective economy
0.4% in the third quarter.

While it is the first time the bloc as a whole has shown growth, France and
Germany have enjoyed their second period of positive output.

They joined the US and Japan, which have also shrugged off the economic gloom.

The European Union as a whole – which includes the UK and Sweden – is also out
of recession in the July to September period, with a 0.2% growth in output.

Recent figures for the UK, however, showed the economy shrunk 0.4% in the
third quarter.

View full article here


VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)

Tags: , , , , , , , , , , , , ,

Ezine Article Board

Author:

This author has published 5774 articles so far.

Comments are closed