The eurozone — Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland — saw GDP growth of 0.5 percent in Q2, based on 1995 constant prices estimate. The euro zone GDP decelerated by 0.1 percent compared to the previous quarter, said Eurostat in a press release. The EU25, which added 13 countries to the European Union since May 2004, posted 0.6 percent GDP growth, equal to Q1.
The eurozone’s unemployment rate remained at 9 percent in July, unchanged from June or from most of the year. The jobless rate for the EU25 was 9 percent, down 0.1 percent point from the previous month.
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