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Eurozone's GDP growth outlook rosier, eastern members catching up

G2 GDP growth in the Eurozone was up 0.6%, and with newer eastern members doing better, the economic outlook is set fair.

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Eurozone's GDP growth outlook rosier, eastern members catching up

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The eurozone posted GDP growth of 0.6% in the second quarter of 2017, and while the euro’s inexorable rise against the dollar this year has put some strain on exporters, prospects are looking unusually rosy.

Both the Czech and Polish currencies jumped on Wednesday after strong economic growth data smashed forecasts, and emerging European market stocks rose to a one-week high as tensions between North Korea and the United States eased.


The latter trend is especially welcome as proof that the EU can spread new wealth around for all members.