13.05.2015 - Eurozone’s GDP grew by 0.4%

Today have been published the preliminary data on Eurozone’s GDP growth in the 1st quarter of this year. Thus, the index rose by 0.4%, which is 0.1% worse than analysts' expectations and 0.1% better than the previous figure of 0.3%. The slower rate of expansion of the German economy have led to weaker results in the euro area as a whole. For the GDP became positive the cheap energy and food, the program of quantitative easing, and as a result - the weak euro. Despite the disappointment, the growth rate was the highest since 2013. We remain medium-term positive outlook for the stock markets of the euro area are also note interest in European assets from the Middle East and Asia.

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