Eurozone Emerges From Recession

The eurozone has finally emerged from 18 months of recession – posting positive growth after unexpectedly strong consumer spending in the currency bloc’s core economies. Analysts are warning, however, that this is not the end of the euro crisis.

After six consecutive quarters of negative growth, the eurozone is finally recovering. The growth figure of 0.3 percent in the second quarter hardly signals a boom – but it is a milestone, said Daragh Maher, foreign exchange strategist at HSBC in …

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