Wednesday, October 7, 2009

Euro zone economy dips 0.2%




For the 27 EU nations as a whole, second-quarter growth slid by 0.3 per cent compared with the first quarter, revised from 0.2 per cent in the September forecast. -- PHOTO: AP
BRUSSELS - SECOND quarter growth in the 16-nation euro zone fell by 0.2 per cent compared to the first quarter of 2009, Eurostat, the EU statistics office reported Wednesday.
The figure revises its previous estimate, issued in early September, of a drop of 0.1 per cent.
For the 27 EU nations as a whole, second-quarter growth slid by 0.3 per cent compared with the first quarter, revised from 0.2 per cent in the September forecast. -- AP

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