Economics

Euro-Area Economy Grew More Than Estimated at Start of Year

  • GDP rises 0.3% in first quarter, topping initial 0.2% reading
  • 19-member currency bloc also reports further employment gains
Recession Threat Hangs Over Europe’s Fragile Economic Growth
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The euro-area economy grew more than initially estimated at the start of the year as the region moved past a wave of Covid-19 infections and defied headwinds from the early days of the war in Ukraine.