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Europe Daily Bulletin No. 10786

15 February 2013
ECONOMY - FINANCE / (ae) economy
EU27 and eurozone in recession in 2012

Brussels, 14/12/2012 (Agence Europe) - Both the EU27 and the eurozone were in recession in 2012 with GDP falling by 0.3% and 0.5% respectively, according to figures released on Thursday 14 February by the EU's statistics office, Eurostat. A spokesman for Euro Commissioner Olli Rehn commented on Thursday that the figures were largely in line with expectations, with some countries doing worse and others, like Spain, doing better.

Eurostat also published growth figures for the fourth quarter...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE
SECTORAL POLICIES
INSTITUTIONAL
EXTERNAL ACTION