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Europe Daily Bulletin No. 9960

22 August 2009
(eu) eu/economy

21/08/2009 (Agence Europe) - According to initial estimates by Eurostat, which were published on 13 August, euro zone GNI fell by 0.1% in the second quarter of 2009 and that of the EU of 27 by 0.3% compared to the previous quarter. Over the first quarter of 2009, the growth rate stood at -2.5% in the euro zone and -2.4% in the EU of 27. Compared to the same period in 2008, euro zone GNI experienced a drop of 4.6% and that of the EU of 27 a drop of 4.8% (compared to -4.9% and -4.7%...