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Europe Daily Bulletin No. 9840

14 February 2009
Contents Publication in full By article 13 / 33
GENERAL NEWS / (eu) eu/economy
Europe's GDP slumps in fourth quarter of 2008

Brussels, 13/02/2009 (Agence Europe) - In the fourth quarter of 2008, GDP in the eurozone and the EU27 fell by 1.5% on the previous quarter, when it fell by 0.2% in both zones, according to figures released by Eurostat on Friday 13 February 2009. Compared with the fourth quarter of 2007, GDP in the eurozone fell by 1.2% and in the EU27 by 1.1%, compared with rises of 0.6% and 0.8% respectively in the previous quarter.

Several member states saw their economies contract at the end of last...

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