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Eurozone GDP Grows 0.3%, but Germany Contracts by 0.1%

The eurozone's GDP grew 0.3% in the second quarter of 2024, exceeding expectations, but Germany's contracted by 0.1%, indicating economic struggles for the bloc’s largest economy. Economic growth in the eurozone exceeded expectations in the second quarter of the year, according to preliminary data from Eurostat released on Tuesday. The eurozone's gross domestic product grew…

ByPexecoJuly 30, 20240Comments

Finance News

Eurozone private sector expands in June

Euro area private sector activity grew in June, surpassing earlier estimates and showing robust recovery. Activity in Spain showed the strongest growth, while contractionary conditions held in France amid election uncertainties. Private sector activity in the euro area expanded in June, surpassing previous estimates, indicating that the recovery phase is well on track, though with…

ByPexecoJuly 15, 20240Comments

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Eurozone GDP Grows 0.3%, but Germany Contracts by 0.1%

Eurozone private sector expands in June