Euro area economy grows 2.3% in Q2, as growth slows down in UK

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Euro area economy grows 2.3% in Q2, as growth...
 © BusinessMail 2017
By Stelios Orphanides

The euro area’s economy expanded in the second quarter an annual 2.3 per cent and 0.6 per cent compared to January to March, the European Commission’s statistical office said.

The economy in the European Union grew in April to July 2.4 per cent compared to the respective quarter of 2016 and 0.7 per cent compared to the quarter before, Eurostat said in a statement on its website on Thursday.

The Cypriot economy, the euro area’s second smallest, expanded in the second quarter an annual 3.5 per cent and a quarterly 0.9 per cent, Eurostat said. Germany, the...


Euro area economy grows 2.3% in Q2, as growth slows down in UK


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