Continuation of the recession in Cyprus and Greece in the second quarter of 2013, according to official data published by EUROSTAT.
The exit of the Eurozone from the recession during the second quarter of 2013, is confirmed by the second estimate published today by Eurostat. Cyprus and Greece were the countries with the greatest recession. Cyprus and Greece were the countries with the greatest recession.
In particular, after four consecutive quarters of recession, the Eurozone recorded a positive GDP growth of 0,3%, while in the EU as a whole the average growth was 0,4%. However, on an annual basis, ie in the second quarter of 2013 in relation to the corresponding period of 2012, the GDP recorded a decline in the Eurozone of 0,5%, while it remained unchanged in the EU.
The quarterly GDP growth (2013nd Quarter 2013 compared to the 1,4st Quarter 0,3) was as follows: Cyprus -0,2%, Slovenia -0,2%, Netherlands -0,1%, Italy -0,1% , Spain -0,1%, Belgium + 0,2%, Estonia + 0,3%, Austria + 0,5%, Slovakia + 0,7%, France + 0,7%, Finland + 0,1%, Germany + XNUMX%, Portugal + XNUMX%.
The annual GDP growth (2013nd quarter 2012 compared to the 5,2nd quarter of 4,6) in the countries for which data are available were as follows: Cyprus -2,2%, Greece -2,0%, Slovenia -2,0, 1,8%, Italy -1,6%, Portugal -0,1%, Netherlands -0,0%, Spain -0,3%, Belgium -0,5%, Finland 0,8%, France + 1,4% , Estonia + XNUMX%, Finland + XNUMX%, Estonia + XNUMX%.
Source: ANT1