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Europe Flash: ”Eurozone GDP flat in Q1-12, as expected, with a positive surprise in Germany”

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Published on Tuesday, May 15, 2012

Europe Flash: ”Eurozone GDP flat in Q1-12, as expected, with a positive surprise in Germany”

Eurozone activity remained flat in the first quarter of the year, as expected, driven by a larger than projected rebound in Germany that compensated a negative surprise in Italy.