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Eurozone countries emerge from recession

13/11/2009 - 10:39:06
The 16-strong group of nations in the eurozone have emerged from recession, official figures showed today.

European countries using the single currency grew their collective economy 0.4% in the third quarter.

While it is the first time the bloc as a whole has shown growth, France and Germany have enjoyed their second period of positive output.

They joined the US and Japan, which have also shrugged off the economic gloom.

The European Union as a whole is also out of recession in the July to September period, with a 0.2% growth in output.

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