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eu area

GDP up by 12.7% in the euro area and by 12.1% in the EU

1 min read

The FINANCIAL — In the third quarter 2020, seasonally adjusted GDP increased by 12.7% in the euro area and by 12.1% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. These were by far the sharpest increases observed since time series started in 1995, and a rebound compared to the second quarter of 2020, when GDP had decreased by 11.8% in the euro area and by 11.4% in the EU. These preliminary GDP flash estimates are based on data sources that are incomplete and subject…

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GDP up by 12.7% in the euro area and by 12.1% in the EU

1 min read

The FINANCIAL — In the third quarter 2020, seasonally adjusted GDP increased by 12.7% in the euro area and by 12.1% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. These were by far the sharpest increases observed since time…

Euro zone international trade in goods surplus €14.7 bn

2 mins read

The FINANCIAL — In August 2020, COVID-19 continued to have a significant impact on international trade in goods. The first estimate for euro area exports of goods to the rest of the world in August 2020 was €156.3 billion, a decrease of 12.2% compared with August 2019. Imports from the rest of the world stood…