This historic rebound follows a GDP decline of 6.4% in 2020 in the 19 countries that share the single currency.
The gross domestic product (GDP) of the eurozone recorded a historic growth of 5.2% last year, as did the entire EU, in line with Brussels’ forecasts, according to an initial estimate published Monday by Eurostat.
These figures confirm that the economy has indeed recovered well after a collapse linked to the Covid-19 pandemic. In 2020, the GDP had recorded an equally historic decline of 6.4% in the 19 countries sharing the single currency and 5.9% within the European Union, according to the European statistics office.
