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Europe Live Friday 24th May 2013

1st Quarter 2012: stable growth in the euro zone and in the European Union

21st May 2012

According to rapid estimates published by Eurostat on 15th May, during the first quarter of 2012 the euro zone and EU GDP remained stable in comparison with the previous quarter. During the fourth quarter of 2011 growth lay at -0.3% both in the euro zone and in the EU. In comparison with the same quarter in the previous year the GDP, adjusted to seasonal variations remained stable in the euro zone and increased by 0.1% in the EU over the first quarer of 2012 against +0.7% and 0.8% in the previous quarter.

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