Eurozone economy grows at fastest pace since debt crisis

Article source
Financial Times

The eurozone has grown at its fastest rate since the eruption of the debt crisis five years ago, underscoring a brighter outlook after elections that eased fears of a populist political threat.

Quarterly eurozone GDP growth accelerated from 0.5 per cent to 0.6 per cent in the three months to June, compared with the same period in 2016. The performance helped to drive year-on-year expansion from 1.9 per cent to 2.1 per cent — the highest rate since the second quarter of 2011.

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