Mark Thompson and Julia Horowitz, CNN Business, Author at newswatchplus.ph

Europe’s economy posts 13% growth as recovery accelerates

Mark Thompson and Julia Horowitz, CNN Business — Sun, 01 Aug 2021 10:54:20 +0000

(CNN) — European economies posted stronger than expected growth in the second quarter, with consumer and business confidence booming as Covid-19 restrictions were eased. GDP across the European Union rose by 13.2% compared with the same period last year, and by 1.9% compared with the previous quarter, according to a preliminary estimate published Friday by

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Europe’s economy just had its worst quarter since records began

Mark Thompson and Julia Horowitz, CNN Business — Thu, 30 Apr 2020 18:47:45 +0000

(CNN) — Europe’s deep recession has begun, triggered by the introduction of measures to contain the coronavirus. Preliminary data published on Thursday showed that EU GDP shrank by 3.5% in the first quarter of 2020 versus the final quarter of last year when the region’s economy was still expanding. Compared with the first quarter of 2019, the

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