Growth in the eurozone remained resilient in the first quarter of 2017 as the economy continued to brush off the unknowns of Brexit and a high stakes election in France, data showed on Wednesday. The fresh data lent credence to a survey last month suggesting the eurozone economy is growing at its fastest pace since it emerged from the worst of the financial crisis six years ago. Bar a surprise at the French elections on Sunday, eurozone growth is set for a strong 2017,” said ING economist Bert Colijn. The eurozone economy has seen a steady period of growth, expanding by 1.7% in 2016. The IMF forecasts that the eurozone will maintain the healthy pace in 2017 with annual growth of 1.7%.

Source: Dhaka Tribune May 03, 2017 18:45 UTC