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
More related news >
Related news
We are using up the Earth’s resources today, and there is something deeply embedded in this that we don’t even think about.
This year, July 24th is global Overshoot Day, or Overconsumption…
Read more >The Grimace Shake, already popular in America, will finally be available here
On July 24, one of McDonald’s most unique shakes, the…
Read more >Olympic sailor Jonatán Vadnai promotes Lake Balaton
Olympic sailor Jonatán Vadnai will take part in the four-season…
Read more >