Eurozone Growth Exceeds Expectations
Reuters
The eurozone's economy grew by 0.6% in the three months to September, above analysts' expectations, according to EU statistics office Eurostat, BBC reports.
For the past 12 months, the growth rate was 2.5%, Eurostat said.
Last month, the European Central Bank (ECB) raised its 2017 growth forecast for the 19-nation eurozone to 2.2%, the fastest in 10 years.
Eurostat also said eurozone unemployment was 8.9% in September, the lowest rate for nearly nine years.
Other materials on this subject
- FT: Coronavirus Pandemic Threatens Livelihoods of 59m European Workers Under McKinsey’s pessimistic scenario, in which severe social distancing restrictions are maintained through the summer to contain the spread of the virus, EU unemployment could double to 11.2 per cent...
- Italy Coalition Agrees on New Budget, Expects EU Approval The European Commission rejected the Italian budget in October, saying it would not lower the country’s huge debt and declaring it in clear breach of EU fiscal rules. Rome submitted a revised plan last...
- EU Shoots Down Italy's Budget Plans, Again The Commission confirmed its assessment that "Italy's draft budget plan is in particularly serious non-compliance" with EU debt rules, Commission Vice President Valdis Dombrovskis said in Brussels.
- Denmark Is The Most Expensive EU Country Denmark was followed by Luxembourg (127 percent), Ireland and Sweden (both 125 percent), Finland (122 percent) and the United Kingdom (117 percent).
- France Engineers to Build Metal Bridges in Armenia The ways for potential cooperation and several other matters of bilateral interest also were discussed.
Read also
-
Local Governments in China Issue Free Digital Coupons to Stimulate Consumption Amid Coronavirus Pandemic
-
Euro Zone Governments Should Use Budget Measures to Support Growth: Lagarde
-
EU Says Euro Zone Growth to Slow Amid Risks From U.S., Italy, Brexit
-
Euro Zone to Decide in June Measures to Help Greece end Bailout
-
Euro Zone Factory Boom Stumbles Again in March but Growth Solid
-
The World Bank Improves GDP Growth Forecast for Armenia in 2018
-
UK Economy Will Adjust Over Time to Weaker Sterling
-
British Finance Ministry: Economy Should be Main Focus in Brexit
-
13:10Some Roads are Closed in Armenia
-
12:07Bodies of 30 Armenian Servicemen Returned by Azerbaijani Side Unrecognizable
-
11:00Armenia Records 166036 Confirmed Coronavirus Cases
-
09:03Eve of the Fast of Catechumens
-
19:15Joe Biden Is Secretly Kurdish and Emigrated to the United States from Yerevan: Turkish Former Deputy
-
18:315 Day Weather Forecast in Armenia
-
17:15Foreign Minister of Artsakh Met with the High Commissioner for Diaspora Affairs of the Republic of Armenia
-
16:46Iran FM Calls on New US Administration to Lift All Sanctions Imposed Under Trump
-
15:03Five More Bodies of War Casualties Retrieved from Karabakh Conflict Zone
-
14:02Artsakh Military Releases Names of 72 More Fallen Troops
-
13:29Russian State TV to Screen Film Dedicated to Arno Babajanyan’s 100th Anniversary on Saturday
-
12:47More than 50,500 Artsakh People Transported to Stepanakert from Yerevan After War
-
11:19Trump Speaks to Press for First Time Since Stepping Down as US President
-
11:00Armenia Records 165909 Confirmed Coronavirus Cases
-
10:22Some Rads are Closed in Armenia
-
09:41Members of UK House of Lords Make Statements in Support of Karabakh
-
23:13Azerbaijan Launches Criminal Case against 2 Lebanese-Armenians Captured in Karabakh
-
22:06Foreign Ministers of Armenia and Georgia Held a Meeting in Tsinandali
-
19:18Gagik Jhangiryan and David Khachatryan Elected Members of Supreme Judicial Council
-
19:04Artsakh's Foreign Ministry Welcomes European Parliament's Position on NK Conflict
Most read
day
week
month
-
12:46Lavrov: No Provocations Against Russian Peacekeepers in Nagorno-Karabakh
-
10:50Azerbaijan President's Statement Contradicts point 8 of Statement Signed on November 9, 2020: Arman Tatoyan
-
18:57Artsakh Authorities Find More Bodies of Fallen Troops in Ongoing Search Operations
-
13:51Artsakh Security Chief: We Could Have Avoided the War
-
16:40Colorado Identifies First Known Case of UK Coronavirus Variant in US
-
09:05Armenia to Import 2,250 Goods from Iran Instead of Turkey
-
15:04Bodies of 1,111 Fallen Armenian Soldiers Retrieved So Far: Artsakh Emergency Service
-
23:23Let's Believe that 2021 Will Restore Our Lost Dignity
-
17:50Biden Names Ike Hajinazarian as White House Regional Communications Director
-
17:53Armenian, Azerbaijani Intelligence Chiefs Discuss PoW Exchange at Moscow-Mediated Meeting
Weather
Yerevan
sunny
Humidity: 37%
Wind: 4 km/h
Humidity: 37%
Wind: 4 km/h
-6 C°
-7° 1°
25.01.2021
-5° 2°
26.01.2021
Poll