Tags: Europe | Economy

European Economy Grows 2%, Ending Double-dip Recession

Friday, 30 July 2021 06:01 AM EDT

FRANKFURT, Germany (AP) — Europe’s economy rebounded into growth in the second quarter, official figures showed Friday, but lagged pre-pandemic levels and trailed the faster recoveries in the U.S. and China, with the delta variant continuing to cast a shadow of uncertainty over the upturn.

Gross domestic product grew 2.0% in the April-June quarter over the quarter before, official figures from the European Union’s statistics agency Eurostat showed. That compared to a drop of 0.3% in the first quarter as the 19 countries that use the euro endured a double-dip recession.

The growth figure was stronger than the 1.5% foreseen by market analysts.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Europe's economy rebounded into growth in the second quarter, official figures showed Friday, but lagged pre-pandemic levels and trailed the faster recoveries in the U.S. and China, with the delta variant continuing to cast a shadow of uncertainty over the upturn. Gross...
Europe,Economy
102
2021-01-30
Friday, 30 July 2021 06:01 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved