Friday April 3, 2020

Mixed fortunes for euro zone economies in Q2

German growth better than expected, but Italy stagnation a surprise

12th August, 2016
Hopes that rising wages will boost German summer growth Pic: Getty

Official figures have confirmed that euro zone growth slowed in line with economists’ forecasts in the second quarter, leaving the currency bloc vulnerable to any fall-out from Britain’s vote to leave the European Union.

Gross domestic product rose 0.3 per cent in the three months to the end of June, the EU’s statistics office Eurostat said. That matches an initial estimate and marks a slowdown from an expansion of 0.6 per cent...

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