SME Times is powered by   
Search News
Just in:   • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour  • ASEAN to keep on consensus, inclusivity: Malaysian official 
Last updated: 27 Sep, 2014  

EU.9.Thmb.jpg EU's economic growth contracts in first quarter

EU.9.jpg
   Top Stories
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
» India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
IANS/EFE | 16 May, 2013
The Eurozone's gross domestic product contracted 0.20 percent in the first quarter of this year, compared to the prior three-month period, while the European Union's GDP declined 0.10 percent during the January-March period, Eurostat said Wednesday.

The countries in the single-currency zone registered a drop of 0.60 percent in their GDP in the last quarter of 2012, while the GDP of the 27-member EU fell 0.50 percent during the final three months of last year.

GDP contracted 1 percent in the Eurozone and 0.70 percent in the EU during the first quarter, compared to the same period in 2012.

Germany, according to the Eurostat figures released Wednesday, was the only large Eurozone economy to grow, registering an increase in GDP of 0.10 percent in the first quarter.

France's economy contracted 0.20 percent, Italy's GDP fell 0.50 percent and Spain's economy contracted 0.50 percent, Eurostat said.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter