Eurozone GDP rose 0.1% in the fourth quarter of 2009; Germany stagnated; the French economy grew and Italy shrank
Feb 12th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
GDP (gross domestic product ) increased by 0.1% in both the Eurozone (EA16) and the EU27 during the fourth quarter of 2009, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union. In the third quarter of 2009, growth rates were +0.4% and +0.3% respectively. The German economy, the Eurozone's largest, stagnated in the quarter.; the No.2, the French economy grew and Italy shrank.