Economic growth across the 17 European Union
countries grew by 0.3% in the second quarter following a six-quarter recession.
Eurozone economy was poised for a solid rebound from recession, but Eurostat reported
that industrial output slumped 1.5% in July from the previous month. The
largest decreases in industrial output were registered in Ireland -8.7%, Malta -6.7%,
Portugal -3.2%, Greece -2.8% and Germany -2.3%.
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