Economics

Euro-Zone Economy Grew Less Than Estimated in Second Quarter

  • Gross domestic product rose 0.6% vs. initial reading of 0.7%
  • Economists say recession is now more likely than not
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

The euro-area economy grew slightly less than initially estimated in the second quarter as signs continue to emerge that momentum is unraveling.