Economy
Expert view: Economists react to eurozone GDP growth
Speedy recovery from Germany, France, Italy and Spain led the euro area out of recession in the first quarter
The eurozone exited recession as its four top economies drove much speedier growth than expected, though the recent retreat in inflation stalled.
First-quarter gross domestic product (GDP) increased by 0.3 per cent from the previous three months — the strongest pace in 1 and a half years. A separate release showed consumer prices rose an annual 2.4 per cent in April, matching March’s pace and in line with analyst estimates.
The prospects for the 20-nation ...