Mexican Media Brands
Eurozone’s Economy Expanded 1.5% in Fourth Quarter
The combined gross domestic product of the 19-member eurozone grew 1.5% in fourth quarter of 2015, according to an initial estimate by Eurostat, the EU’s data office.
#economics
Share
The combined gross domestic product of the 19-member eurozone grew 1.5% in fourth quarter of 2015, according to an initial estimate by Eurostat, the EU’s data office.
The agency says the 28-nation EU’s economy expanded by 1.8% compared with the year-earlier period. The quarterly growth rates for both regions were 0.1 point lower than in the third quarter of 2015.
For the full year, Eurostat estimates GDP rose by 1.5% in the euro area and 1.8% in the EU28. The office will update its figures on March 8.
RELATED CONTENT
-
GM, Ford Evaluate Possible Economic Slump
General Motors and Ford say they have bolstered their cash reserves in case the trade war between the U.S. and China triggers a global recession.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.