eu eurozone exits recession with surprise 03 growth
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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EU: Eurozone exits recession with surprise 0.3% growth

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Emiratesvoice, emirates voice EU: Eurozone exits recession with surprise 0.3% growth

Arab Today

The eurozone climbed out of recession at last with better-than-expected growth of 0.3 percent in the second quarter led by Germany and France, the European Union said on Wednesday. Data agency Eurostat said the 18-month downturn which has cost millions of jobs and crushed debt-laden governments around the single currency area ended thanks in large part to better-than-expected gains of 0.7 percent in Germany and 0.5 percent in France.

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