: :inin Kyiv (EET)

Germany helps eurozone economy pick up speed in 4th quarter


BRUSSELS (AP) — Strong growth in Germany helped the eurozone economy grow faster than expected in the final three months of 2014, official figures showed Friday.
Eurostat, the EU’s statistics agency, said economic output across the 18 eurozone countries was 0.3 percent higher in the fourth quarter than the previous three-month period.
That’s marginally higher than the 0.2 percent increased anticipated in the markets and echoes other findings that the eurozone economy is picking up steam amid lower oil prices and a weaker euro.
Germany was the standout performer, growing by a quarterly rate of 0.7 percent. France lagged, expanding by only 0.1 …read more

Source: KXAN

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