Breaking

European Union grows at fastest pace for 10 years

Latest news

    A steel worker at ThyssenKrupp in Duisburg, GermanyImage copyright EPA

    The European Union economy grew at its fastest pace in a decade last year, figures from the EU statistics office Eurostat have confirmed.

    The 28-strong EU expanded by 2.5% in 2017, its strongest performance since 2007 when it grew by 2.7%.

    In the final three months both the EU and the 19-nation eurozone grew by 0.6% compared with the previous quarter.

    That was mirrored by growth in the EU’s biggest economy, Germany which grew by 0.6% in the final quarter of 2017.

    France also expanded by 0.6% and Spanish growth was a notch stronger at 0.7%.

    Overall in 2017, the eurozone grew by 2.5%, Eurostat said, the fastest growth rate since a 3% rise in 2007.

    These latest figures confirm the flash estimates published by Eurostat at the end of January.

    View the original article: http://www.bbc.co.uk/news/business-43055887

    http://www.bbc.co.uk/news/business-43055887

    In the same category are

    Jose Mourinho: Former England striker Ian Wright fears for Man Utd boss Jose Mourinho failed to win a major trophy at Manchester United last seasonThere is "blood in the water" at Manchester United amid apparent discord b...
    Pierre Gasly: Red Bull replace Daniel Ricciardo with Frenchman for 2019 season Pierre Gasly made his F1 debut with Toro Rosso last yearFrench driver Pierre Gasly will replace the departing Daniel Ricciardo at Red Bull next seaso...
    Trump lawyer Rudy Giuliani defends ‘truth isn’t truth’ remark Image copyright Reuters Image caption Rudy Giuliani has defended comments he made in an interview on Sunday President Donald Trump's lawyer, Rudy ...
    England v India: Virat Kohli hits century as Joe Root’s men struggle on day three England face a huge challenge to save the third Test after a century from India captain Virat Kohli on day three, the hosts need 498 runs for an unlik...
    Danny Cipriani: Gloucester fine England fly-half £2,000 after nightclub incident England fly-half Danny Cipriani has been fined £2,000 by his club Gloucester over a nightclub incident in Jersey.The 30-year-old had already been fin...
    Manchester Arena bomb: Fire chief blames police for delay Image copyright Various Image caption Twenty-two people were killed in the blast on 22 May The former chief of Greater Manchester Fire and Rescue ...

    Leave a comment

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.