Exports will drive the Eurozone economic recovery

Source: Bloomberg
© Scanpix/Reuters
Based on the Eurostat data, the Eurozone's economic growth in the second quarter of this year is confirmed with a 0.3% increase. On the annual basis, economy slumped 0.5%. Nevertheless, the ECB officials predict the Eurozone's economy to return to the stable growth only in 2014. Analysts notice that the main driver of the GDP advance in the Q2 was export, which added 1.6% on a quarterly basis.

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