Eurozone GDP growth decreases to 0.2% as several economies shrink

Source: Bloomberg
© Scanpix/Reuters
Economic development in the Eurozone surprisingly slipped to a moderate 0.2% advance in the January-March quarter of this year, down from a 0.4% forecast. While German economy showed a significant GDP increase, other major economies, such as France, Italy, the Netherlands and Portugal posted either stagnation or decline, putting pressure on the ECB to start new stimulus measures.

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