A year level, Gross (GDP) of the 28 countries Domestic Product increased by 1.4% and the euro zone, 1.0%, in both cases more than in the last quarter of 2014 tenth.
The European Union (EU) and the euro zone grew 0.4% in the first quarter from the previous quarter, reported preliminarily the EU statistics office, Eurostat.
The recovery was confirmed in the euro zone, although in the first quarter its leading economy, Germany, was stopped while Spain was the highest growth among the big countries.
A year level, Gross (GDP) of the 28 countries Domestic Product increased by 1.4% and the euro zone, 1.0% in both cases one tenth more than in the last quarter of 2014.
This is the highest rate of GDP growth in the euro area since early 2011, according to Marco Valli of Unicredit bank, with an overall improvement in the major economies of the region, except for Germany (only 0.3%) , the economic engine of the region.
Meanwhile, Spain (0.9%) had the second highest growth in the 19 countries of the euro zone, only surpassed by Cyprus (1.6 percent). Spain is the fourth largest economy in the eurozone.
The GDP of France, second largest economy in the 2014 block which recorded a growth átono- also exceeded in the first quarter to Germany, registering 0.6% of expansion, double that of the first European economy.
The slowdown in Germany is due to a lower contribution from foreign trade, so far pillar of growth in the country, analysts said.
The Italian economy, the third block, getting off in the first quarter out of a recession. It grew by 0.3%, after 0.0% in the previous quarter.
Eurostat gives no details on the components of this growth in the euro area, but “it is clear that is linked to the strengthening of demand internal “said Howard Archer of IHS Global Insight.
Also recovery” benefited from the fall in oil prices, a weaker euro and stimulate the economy of the European Central Bank ” he added.
On the other hand, UK, part of the European Union grew by 2.4%, six tenths less than last quarter.
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