Eurozone comes out of lengthy recession

Adrian Holliday

It's official: the eurozone has hauled itself out of recession. Measured across the whole bloc European GDP expanded +0.3% in the second quarter of this year. That's somewhat ahead of forecasts. But contain your excitement.

There's little joy for Spain or Italy, and there's more pain en route for Greece, still struggling to meet its bailout targets. %VIRTUAL-SkimlinksPromo%