Eurozone appears to finally exit recession, but recovery to be 'excruciatingly slow'
The euro-area economy probably edged back to growth last quarter for the first time since 2011, ending the longest recession since the single currency union started 14 years ago.
Gross domestic product in the 17-nation region expanded 0.2% in the three months through June after shrinking for the previous six quarters, according to the median of 41 forecasts in a Bloomberg News survey. The European Union`s statistics office in Luxembourg will release the data on Aug. 14. Germany probably grew about 0.75%, according to a government estimate, exceeding the 0.6% economists predict.
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