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Euro zone economy posts surprise expansion in the fourth quarter, curbing recession fears

by Editor February 21, 2023, 9:29 am 1.8k Views

Euro zone economy posts surprise expansion in the fourth quarter, curbing recession fears

The latest euro zone growth numbers are out as the ECB considers what to do next.

Nurphoto | Nurphoto | Getty Images

The euro zone beat expectations on Tuesday by posting positive growth in the final quarter of 2022 and reducing fears of a potential regional recession.

Preliminary Eurostat data released Tuesday showed that the euro zone grew 0.1% in the fourth quarter. Economists had pointed to a 0.1% contraction over the same period, according…

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