Eurozone's GDP up 0.3%, beating forecasts

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Source: CNBC
The Eurozone's economy posted a 0.3% increase in the Q4 of 2013 on a quarterly basis, while analysts predicted a 0.2% expansion. Experts explain the highest-than-expected growth by strong data from Germany and France. Moreover, Italian economy started to expand for the first time since 2011. It is forecasted that region's economy will raise its pace of expansion in the nearest future.
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Fri, 14 Feb 2014 10:54:07 GMT

Eurozone's trade balance improves in December

Trade surplus of the Eurozone rose considerably in December of this year from a year ago, as exports surged much faster than imports. The positive balance in trade of goods and services reached 13.9 billion euro versus 9.8 billion euro in December 2012. Exports jumped 4% after a 2% fall in November. Imports, in turn, advanced 1% in December after

Fri, 14 Feb 2014 09:56:00 GMT

Italian economy grows for first time since 2011

Italian economy advanced 0.1% in the last quarter of the previous year, posting the first quarterly increase since spring 2011. The Istat data showed a rise in agricultural and industrial sectors of country's economy, while service sector deteriorated. At the same time, today's date is marked with resigning of Enrico Letta as the Prime Minister, after losing his party leadership

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