FacebookTwitterLinkedInSaveThe euro-area economy contracted more than economists forecast in the first quarter, extending a recession and increasing pressure on the currency bloc’s leaders to relax their budget rigor and do more to spur growth.Gross domestic product in the 17-nation euro zone fell 0.2 percent after a 0.6 percent decline in the previous three months, the European Union’s statistics office in Luxembourg said today...
Euro-Area Recession Deepens as Contraction Exceeds Estima - Bloomberg
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