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Home News Economy

Eurozone economy rebounds but ECB could still cut rates

admin by admin
April 30, 2024
in Economy
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London | A rejuvenated Germany has powered the 20-country eurozone to faster than expected economic growth, but the rebound looks unlikely to stop the European Central Bank from cutting interest rates in June.

The eurozone’s gross domestic product expanded 0.3 per cent in the first three months of 2024 from the previous quarter, after contracting at the end of last year. Germany’s economy grew 0.2 per cent, a stark turnaround from a 0.5…



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