The eurozone registered 0.3 percent GDP growth from March through June, preliminary data published Monday by Eurostat shows.
It’s a positive sign following two quarters of negative growth last winter, raising hopes the single-currency area can avoid a yearlong recession, but growth remains anemic.
“After stagnation at the start of the year, growth is likely to remain subdued,” EU Economy Commissioner Paolo Gentiloni said last week, adding the EU executive will likely revise its growth forecast downward in September.
Output dipped into negative territory in Italy, Latvia, Austria and Sweden quarter-on-quarter, whereas growth remained stable in the EU as a whole.
