In the first quarter of 2021, seasonally adjusted GDP decreased by 0.6% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union, on Tuesday 18 May.
Among the twenty Member States for which data is available, the fall in GDP was strongest in Portugal (-3.3%), Latvia (-2.6%) and Slovakia (-1.8%). GDP also fell in Germany (-1.7%), Spain (-0.5%) and Italy (-0.4%). Strong...