Italy's economy is finally growing again - and faster than expected
May 13, 2015, 13:34 IST
Reuters / Stefano RellandiniItaly's struggling economy has finally returned to growth.
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The country's GDP grew by 0.3% in the first quarter of the year, beating analysts' forecasts of 0.2%.
It follows no growth in the final three months of 2014 and nine months of recession before that.
Year-on-year growth also beat expectations, with GDP flat compared to this time last year. Analysts had predicted a 0.2% drop.
France also beat expectations with GDP out this morning. The French economy growing 0.6% in the first three months of the year. Both point to a strong performance for the Eurozone as a whole.
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