Eurozone's economy decreased
In the first three months of 2009 the consumption and the exports has reached the worst decrease since 1995.
The GDP of the Eurozone has been decreased by 2.5 percent compared to the previous quarter. Household consumption decreased by 0.5 percent, export by 8.1, and imports by 7.2 percent. Compared to the the first three months of 2008 Eurozone's economic decline is even higher: 4.8 percent compared to the previous three-month period's 1.7 percent decrease. This year 4 percent, next year 0.1 percent decline is expected in the Eurozone.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >