Euro-Area Economic Growth Revised Down to 0.2% in Fourth Quarter

The euro-area economy grew at a slower pace in the fourth quarter than initially estimated, providing further evidence for the European Central Bank assessment that the currency bloc’s recovery is still fragile.

Gross domestic product expanded 0.2 percent in the three months through December, according to data posted on the website of the European Union’s statistics office today. That’s down from the preliminary measure of 0.3 percent on March 5.