Eurozone pins hope on long-awaited economic rebound
by Katie Allen from on (#8RGB)
Latest forecast of 0.5% quarterly growth would surpass both UK and US in much-anticipated boost for single currency bloc
Eurozone politicians are hoping for glimmers of a long-awaited economic rebound this week, with growth in the single-currency bloc forecast to beat both the UK and US.
Economists expect the lower oil price to have provided a fillip to eurozone growth in the opening months of the year and have pencilled in a 0.5% pick-up in GDP, according to a Reuters poll ahead of Wednesday's figures. That would be the fastest for four years.
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