The EU finally delivers some growth

EMU

The EU economy delivered growth of 0.3% in the fourth quarter of 2013, with an overall increase of 1.3% compared with the same period in 2013. The figures reinforce the sense that improvement in the continent´s economic performance remains tentative.

Spain posted growth figures of 2% year-on-year, with the economy growing by 0.7% in the fourth quarter compared to Q3.

Italy´s economy contracted once again- by 0.3-while the French economy posted a slight improvement of 0.1%, a figure not sufficient to boost the country´s employment situation, with 3.5 million currently unemployed.

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