Eurozone exits recession as ‘big four’ economies beat forecasts

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Eurozone exits recession as ‘big four’ economies beat forecasts - short news

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

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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.

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source: The Guardian - 30.04.2024