Euro zone economic growth revised up to 0.6%

Jornal Expresso

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Noticias ao Minuto

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In Portugal, GDP advanced 2.5% in the second quarter in comparison with the same and 0.8% compared to the previous quarter.

Novinky.cz

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The European Union economy grew faster than forecast in the second quarter. Gross domestic product (GDP) rose 0.7 percent compared with the previous quarter, according to refined data released on Monday by Eurostat, the European statistics office, while the estimate counted for growth of 0.5 percent.

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The eurozone economy expanded more strongly than initially estimated in the second quarter after Irish GDP data was revised up significantly. The revised statistics came ahead of the European Central Bank's interest rate decision on Thursday and could reinforce the need for another rate hike, Bloomberg reported, based on Eurostat data. The countries with the best performance in the final growth ranking were the Nordic and Mediterranean states, w…

Handelsblatt

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The euro economy is growing by 0.6 percent in the spring, which makes it grow faster than expected – and also stronger than the US economy. Two countries stand out in particular.