Europe's economy outpaced the United States and Japan in the second quarter, EU data showed Thursday, but analysts warned that the German-powered growth would likely lose steam in the second half.
A smelter works with raw iron on a Salzgitter blast furnace in Salzgitter, Germany, in March. Europe's economy outpaced the United States and Japan in the second quarter, EU data showed Thursday, but analysts warned that the German-powered growth would likely lose steam in the second half.
The economy in the 16-nation eurozone grew by 1.0 percent between April and June, compared to quarter-on-quarter growth of 0.4 percent in the United States and 0.1 percent in Japan, the European Union's data agency said.
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
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