Eurozone flash Q1 GDP comes in flat vs. expectations of a 0.2% contraction, narrowly avoiding...

|By:, SA News Editor
Eurozone flash Q1 GDP comes in flat vs. expectations of a 0.2% contraction, narrowly avoiding the region's second recession in three years after GDP contracted 0.3% in Q4. European stocks tick up slightly: London +0.1%. Paris +0.5%. Frankfurt -0.1%. No immediate response from the euro, which remains +0.2% vs. USD. (see also: diverging growth in the eurozone)