Wednesday, August 14, 2013

The Recession Ends In The Eurozone But Many Economic Problems Remain

Recessions are technically over when a positive growth quarter replaces a series of negative growth quarters.  German and France had relatively strong growth in the last quarter but many other countries in the eurozone remain in recession.  The overall growth rate in the eurozone, and in the European Union, was only 0.3% but it is better than negative growth.

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