Economics
Euro-Area Outlook Brightens as Recession Shallower Than Expected
- Euro-area GDP declines 0.3% in first quarter; est. 0.6% drop
- ZEW expectations gauge falls to 79.8 vs. est. gain to 86.0
Tourists sits at a cafe terrace in Venice, Italy.
Photographer: Giulia Marchi/BloombergThis article is for subscribers only.
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The euro-area economy is better placed for a strong rebound after output shrank less than initially reported at the start of the year and an easing of coronavirus lockdowns raised confidence.