Eurozone exits recession as ‘big four’ economies beat forecasts
by Larry Elliott Economics editor from Economics | The Guardian on (#6MEZM)
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.
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