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ECONOMICS COMMENTARY
Aug 15, 2013
Eurozone shows unconvincing rise from recession as GDP expands in Q2
The Eurozone pulled out of recession in the second quarter, ending a one-and-a-half year period of contraction. Gross domestic product rose 0.3% in the three months to June, according to official data from Eurostat, reversing a 0.3% decline seen in the first three months of the year, leaving GDP 0.7% below the level of a year ago.
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