Regional output was slightly better than previously thought, although the eurozone is still hampered by productivity woes.

"Freeing these resources [from eliminating wasteful spending] for the private sector will probably increase long-term prosperity but will surely hurt short-term growth. Paying government workers to ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...