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Europe Daily Bulletin No. 9783

15 November 2008
Contents Publication in full By article 29 / 33
GENERAL NEWS / (eu) eu/economy
Euro area officially in recession

Brussels, 14/11/2008 (Agence Europe) - In the third quarter of 2008, GDP declined by 0.2% in both the euro area and the EU27, compared with the previous quarter, according to flash estimates published by Eurostat on 14 November. In the second quarter of 2008, growth rates fell by 0.2% in the euro area and remained unchanged in the EU27. Compared with the same quarter of the previous year, seasonally adjusted GDP grew by 0.7% in the euro area and by 0.8% in the EU27 in the third quarter of...

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