Euro Unexpected growth in 0.3% in quarter 4

(Brussels), Data from European Union statistics office (Eurostat) showed on Friday the GDP for the euro zone grew more than expected throughout the past three months from 2014 while German economy is growing speedily.

Preliminary estimates of the Office suggested that the euro zone economy recorded  a growth rate of 0.3 percent in the period from October to December, after growing 0.2 percent in the previous three months.

Economic growth for the euro zone stood  at 0.9 percent on an annual basis in the fourth quarter of 2014. It raised from 0.8 percent in the third quarter to exceed expectations once again pointed to a growth rate of 0.8 percent.