Eurozone leaves recession with 0.4% growth

The eurozone economy has left recession with economic growth of 0.4% between July and September.

GDP in the 16-member single currency area had fallen by 0.2% in Q2, but recovery in the two largest countries, France and Germany, helped pull its economy into positive territory in the third quarter. Both France and Germany have now seen two consecutive quarters of economic growth, though it was lower than expected. Economists say the situation remains fragile. The US and Japan have also recently recorded positive economic growth, but Britain is lagging behind after GDP fell 0.4% in the third quarter. Across the EU as a whole, including the 11 states not in the single currency, GD...