BBC News – Eurozone comes out of recession

Technically the EU is out of recession and has moved into slow growth.. but in reality.. it’s not that clear cut…


Euro logo is seen in front of the European Central bank

http://www.bbc.co.uk/news/business-23692102

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

The bloc’s GDP grew by 0.3% in the second quarter of 2013, slightly ahead of forecasts, the Eurostat agency said.

The growth was widely expected after the German economy rose 0.7% between April and June.

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