EU: Economy in euro zone will decrease more than expected


Instead of the previously anticipated 0,3%, the summarized GDP of the 17 euro zone states will shorten by 0,4%, ВВС reports.

According to the forecast, four of the five biggest economies of the euro zone will finish the year in the state of recession - France, the Netherlands, Italy and Spain. Only Germany will show growth.

The European Commission expects the euro zone economy to grow by 1,2% instead of the previously anticipated 1,4%.