Italian economy posts decline in first quarter

Note: This section contains information in English only.
Source: RTT News
Italian GDP dropped unexpectedly in the January-March quarter of this year, the flash estimate data showed on Thursday. Economy plummeted 0.1% quarter-on-quarter after a 0.1% increase in October-December. Investors, however, waited for a slight 0.2% economic advance. On the annual basis, economy decreased 0.5%, slowing from a 0.9% plunge a quarter before.
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Thu, 15 May 2014 10:36:05 GMT

Eurozone GDP growth decreases to 0.2% as several economies shrink

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.

Thu, 15 May 2014 09:37:10 GMT

French GDP stagnates in January-March quarter

Economic expansion in the Fifth Republic turned to be neutral in the first quarter of the current year, while economists expected the GDP to add 0.1%-0.4%, depending on different surveys. Consumer spending dropped 0.5% amid budget cuts and tax rises, as invesment slipped 0.9%. At the same time, the government of France keeps the target of economic growth for 2014

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