Arab Today, arab today eurozone economy grows more than forecast in third quarter
Last Updated : GMT 23:14:14
Arab Today, arab today
Arab Today, arab today

Eurozone economy grows more than forecast in third quarter

Arab Today, arab today

Arab Today, arab today Eurozone economy grows more than forecast in third quarter

Eurozone economy
Berlin - SPA

The eurozone economy expanded more than expected in the third quarter of 2014, boosted by growth among countries at the centre of the region's long-running debt crisis, data released Friday showed.
According to the European Union's statistics office Eurostat, the struggling 18-member currency bloc expanded quarter-on-quarter by 0.2 per cent in the July through September period, after growing by 0.1 per cent in the second quarter.
The gain in the eurozone's gross domestic product (GDP) followed further signs that its cash-strapped member states were on a recovery path after the region emerged last year from a protracted recession sparked by tough fiscal austerity aimed at cutting debt levels.
Spain's GDP grew by 0.5 per cent, and France posted its fastest growth rate in more than year, expanding at a better-than-forecast 0.3 per cent after its economy contracted by 0.1 per cent in the second quarter.
Five years after it helped kick off the eurozone financial crisis, Greece posted 0.7-per-cent growth in GDP in the third quarter - up from 0.3 per cent in the second quarter.
But the eurozone GDP data was weighed down by another downbeat performance by Italy. The currency bloc's third-largest economy shrank 0.1 per cent in the third quarter, extending its record-length recession.
Portugal also dampened the bloc's economic growth with a 0.2-per-cent growth rate in the third quarter - about half what analysts had projected.
Friday's data showed feeble growth from Germany, the eurozone's powerhouse, with a quarter-on-quarter gain in GDP of only 0.1 per cent. The meagre figure means that Germany narrowly avoided a recession after it contracted by 0.1 per cent in the second quarter.
The Dutch economy also slowed significantly in the third quarter, growing by only 0.2 per cent compared with 0.6 per cent in the second quarter.
Year on year, the eurozone economy expanded by 0.8 per cent in Q3 -the same as in the three months ended June, Eurostat said.
The 28-member European Union's GDP rose quarter-on-quarter by 0.3 per cent in the third quarter, a small uptick compared with its second-quarter growth of 0.2 per cent.
The EU expanded by 1.3 per cent in July through September compared with the same period in 2013.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone economy grows more than forecast in third quarter Arab Today, arab today eurozone economy grows more than forecast in third quarter

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 21:49 2017 Thursday ,16 February

Scientists develop new therapy

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday