No technical recession in euro zone as Eurostat revises up Q1 GDP
newscatcher
2023-07-21 04:32
No technical recession in euro zone as Eurostat revises up Q1 GDP
A view shows skyscraper office properties at La Defense business and financial district near Paris, France, June 26, 2023. REUTERS/Stephanie Lecocq/File photo BRUSSELS  – Euro  zone  gross domestic product was flat in the first three months of this year against the previous quarter, the EU's statistics agency  Euro stat said on Thursday, revising a previous reading of a 0.1 percent quarter-on-quarter contraction. The revision means that the 20 countries sharing the  euro  currency did not, after all, enter a  technical  recession  after a 0.

https://business.inquirer.net/411406/no-technical-recession-in-euro-zone-as-eurostat-revises-up-q1-gdp

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