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Eurozone comes out of recession

DA NANG Today
Published: August 14, 2013

The eurozone has emerged from recession after 18 months of economic contraction.

The Eurozone had been in recession since the end of 2011.
The Eurozone had been in recession since the end of 2011.

Across the 17-nation bloc, GDP grew by 0.3% in the second quarter of 2013, slightly ahead of forecasts.

The growth was widely expected after the German economy rose 0.7% over the period.

New figures from France showed its economy grew 0.5%, also stronger than expected, in the second quarter.

(Source: BBC)

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