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Europe Daily Bulletin No. 10846

16 May 2013
Contents Publication in full By article 27 / 40
ECONOMY - FINANCE - BUSINESS / (ae) economy
EU27 and eurozone economies shrink in first half of 2013

Brussels, 15/05/2013 (Agence Europe) - GDP in the eurozone shrank in the first quarter of 2013 compared with the final quarter of 2012, according to figures released on Wednesday 15 May by the European Union's statistical office, Eurostat. This latest contraction, by -0.2% of GDP for the eurozone and -0.1% for the EU27, is less severe than in the previous quarter (-0.6% and -0.5% respectively).

Countries in southern Europe have been the worst affected by the recession. The worst figures are...

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