Arab Today, arab today eurozone growth expands by 06 in 1st quarter
Last Updated : GMT 17:23:27
Arab Today, arab today
Arab Today, arab today

Eurozone growth expands by 0.6% in 1st Quarter

Arab Today, arab today

Arab Today, arab today Eurozone growth expands by 0.6% in 1st Quarter

Eurozone growth expands by 0.6% in 1st Quarter
Luxembourg - QNA

The Eurozone's economy expanded by 0.6 per cent in the first three months of this year, posting more solid growth than previously expected, new data showed on Tuesday.

    The statistics agency Eurostat had previously estimated that gross domestic product (GDP) rose by 0.5 per cent in the 19-country European currency union. But its final data revised that figure upwards to 0.6 per cent, exceeding analysts' expectations, the (dpa) reported.

    Despite adverse global circumstances, euro area growth has gained steam, after reaching 0.3 and 0.4 per cent in the last two quarters of 2015. On a yearly basis, the currency bloc's economy grew by 1.7 per cent in the first quarter of 2016, Eurostat said. 

    Across the wider, 28-country European Union, GDP rose by 0.5 per cent compared to the previous quarter, and by 1.8 per cent year-on-year. Britain, the largest EU economy not to have adopted the euro, posted quarterly growth of 0.4 per cent and a 2-per-cent expansion in GDP on an annual basis.

    Within the Eurozone, Romania and Cyprus posted the strongest growth at 1.6 and 0.9 per cent respectively, while the economy of powerhouse Germany expanded by 0.7 per cent, Eurostat said. Hungary, Greece and Poland saw their economies shrink, meanwhile.

    The Eurozone has struggled with feeble growth, low inflation and high unemployment after emerging from recession three years ago. Its more recent problems include renewed concerns over Greece and the fallout of Britain's potential exit from the EU.

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 growth expands by 06 in 1st quarter Arab Today, arab today eurozone growth expands by 06 in 1st quarter

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Russia, Iran ink economic deals

GMT 08:03 2017 Wednesday ,29 March

Russia, Iran ink economic deals
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 11:55 2017 Wednesday ,29 March

Need ‘gymspiration?’ The top fun fitness bloggers

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
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