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EUROZONE:GDP Stabilizes, ECB Outlook

Posted June 6, 2012 by Editor

[private]According to revised data and matching the flash estimate, Q1 GDP was unchanged in Q/Q terms, implying that the Eurozone economy has (to date) just about avoided recession as this stable reading came after the (unrevised) 0.3% fall of the previous quarter.EUROZONE:GDP Stabilizes, ECB Outlook[/private]