April 30, 2016
Between January and March, gross domestic product (GDP) in the eurozone expanded by 0.6 percent quarter-on-quarter, according to official data released Friday by the EU’s statistics office, Eurostat. On a yearly basis, output even accelerated at a rate of 1.6 percent, showing that the sluggish economy in the debt-laden currency area may be shifting into a higher gear. In the final three months of 2015, the eurozone still logged more moderate growth of only 0.3 percent.
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