Filed under: International markets, Good news, Recession

Europe, font of western civilization, is growing again. The euro-zone officially entered a recovery with GDP in the 16-nation zone increasing 0.4% in Q3 compared to the previous quarter, Eurostat, the European Union’s official statistics agency, announced Friday. Europe’s economy had contracted for the five previous quarters.

Meanwhile, growth in the 27-nation E.U. (EU27), which includes nations that aren’t members of the euro monetary system, increased 0.2% in Q3.

Continue reading Ray of light: Euro-zone GDP increased 0.4% in Q3

Ray of light: Euro-zone GDP increased 0.4% in Q3 originally appeared on BloggingStocks on Fri, 13 Nov 2009 15:40:00 EST. Please see our terms for use of feeds.

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