Economic growth slowed in the second quarter in the euro area and in the EU
Economic growth both in the European Union and in the euro area slowed down significantly in the second quarter.
According to the first estimate released by the European Union Bureau of Statistics (Eurostat) on Wednesday, gross domestic product (GDP) in both blocks increased by 0.2 percent in April-June, seasonally adjusted.
In the first quarter, the economy grew at a much stronger pace than in the previous three months, with 0.4 percent in the 19 Member States of the euro area and with 0.5 percent in the 28 Member States of the Union. (MTI)
Related news
Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >A new approach to corporate management is taking over: this is how you can prepare your company for the AI era
The corporate sector is barely past the agile transition, the…
Read more >The European Union’s regulation on artificial intelligence has been announced
Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >