The GDP of the euro area (EU-16) dropped by 2.5% in the first quarter of 2009 compared to the previous quarter, while the GDP of the EU countries (the countries of the euro and the countries that do not adopt the euro) It fell by 2.4%. Was reported by the European statistical office, Eurostat. In Italy, GDP fell [...]
Posts Tagged "Eurozone"
According to Eurostat, the European statistical office, the GDP of the Eurozone countries fell by 2.5% in the first four months of 2009 compared to the same period in 2008. This is the largest fall since the birth of the euro zone. The decline in GDP in the European Union (EU27) was instead of the 2.4%. The decline in GDP [...]