Eurozone exits recession as ‘big four’ economies beat forecasts

6 months ago 36

France, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cuts

The eurozone has bounced back from its shallow technical recession after a stronger than expected performance by its “big four” economies in the first three months of 2024.

After two successive quarters of 0.1% contraction in the second half of 2023, the 20 nations that use the single currency posted growth of 0.3% between January and March.

Continue reading...
Read Entire Article