Gross domestic product (GDP) in both the eurozone and the EU grew 0.2% quarter-on-quarter in April-June, slightly lower than initial estimates of a 0.3% rise, according to final reading released on Friday. The figure eased from 0.3% growth in the first quarter, Eurostat data showed. Poland (up 1.5%) recorded the largest GDP growth in the second quarter compared to the previous period, followed by Greece (up 1.1%) and the Netherlands (up 1.0%). GDP contracted in Ireland (by 1.0%), Latvia (by 0.9%) and Austria (by 0.4%). Government spending rose 0.6% while household consumption ticked down 0.1% and investment dropped 2.2% in the same period. On an annual basis, GDP growth was confirmed at 0.6% in the euro area and 0.8% in the EU in second quarter of this year. The eurozone/euro area or EA19 represents member states that use the single currency - the euro - while the EU27 includes all member countries of the bloc. Source: Anadolu Agency
Recent Post
Turkish President Erdogan to Attend 81st UN General Assembly in New York
September 19, 2026
Israeli Fire Claims Four More Lives Amid Gaza Ceasefire Breaches
September 19, 2026