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Europe Live Monday 20th May 2013

Growth reviewed downwards

12th March 2012

According to estimations published on 6th March by Eurostat the euro zone and European Union's GDP recorded a contraction of 0.3% in the fourth quarter of 2011 in comparison with the previous quarter, but figures increased respectively by 0.7% and 0.9% in comparison with the fourth quarter of 2010. In 2011 the GDP rose by 1.4% in the euro zone and by 1.5% in the EU.

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