Eurozone recovery accelerates in Q4

Feb 14, 2014, 5:16 AM EST
A man leaves a department store after shopping on the first day of the winter sales on January 8, 2014 in Paris, France.
Frederic Stevens/Getty Images

The euro zone economy grew more than expected in the last quarter of 2013 thanks to stronger expansion in its biggest countries France and Germany, the first estimate from the European Union's Statistics Office showed on Friday. The economy of the 17 countries that shared the single currency in the last quarter rose 0.3 percent in the three months to December against the previous three months, after a 0.1 percent rise in the third quarter.

Background:

Euro zone recovery accelerates more than expected in fourth quarter [Reuters]

Euro Zone posts third successive quarter of GDP growth [WSJ]

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