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Euro-Zone Recovery Picks Up Slightly

2014-02-142014-02-14 PB 0 kommentarer Eurozone tillväxt

FRANKFURT—The euro zone’s fragile recovery improved modestly in the final quarter of 2013, but the expansion remained well below the pace needed to make a dent in near record-high unemployment or alleviate debt burdens in southern Europe.

 

 euroområdet

 

The euro bloc’s recovery, helped by gains in exports and investment that offset sluggish consumer spending, has lagged behind those in other big industrialized economies including the U.S., U.K. and Japan. Growth in the euro zone, which returned last spring, remains far below the rates that typically occur after recessions.

Gross domestic product increased 1.1% at an annualized rate during the fourth quarter, the European Union’s statistics office said, the third-straight quarter of growth. GDP was up 0.3%

Euro-Zone Recovery Picks Up Slightly – WSJ.com.

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