The euro zone economy grew 1.6% and the European Union (EU) 1,7% in the first quarter the year over the same period of 2015, according to an estimate from Eurostat.
compared to the previous quarter, the Gross Domestic Product (GDP) of the euro area increased between January and March 0.6% in the eurozone and 0.5% in the EU.
the growth of the European economy in the first quarter follows the trend already recorded between January and March 2015, when GDP grew year on year 1.6% in the euro area and 1.8% in all the 28 Member States, and [qoQ] chain, respectively, 0.3% and 0.4%.
a new report on the indicator will be released on May 13, indicates the official statistics office of the EU.
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