Eurozone GDP fell 0.2% in the second quarter of 2008: EU27 GDP fell 0.1%; Economies of Eurozone’s Big 4 - Germany, France, Italy and Spain all shrank
Aug 14th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone (EA15) GDP - gross domestic product - fell by 0.2% and by 0.1% in the EU27 during the second quarter of 2008, compared with the previous quarter, according to flash estimates published by Eurostat, the Statistical Office of the European Union. In the first quarter of 2008, growth rates were +0.7% in both the Eurozone and the EU27.