Eurozone growth rose by 0.3 percent in the last quarter of 2013, but the belt-tightening is far from over.
Car sales in the European Union enjoyed their strongest October in eight years, with new car sales up by almost six percent. But poor performance in Britain and Ireland is holding the bloc back.
Mario Centeno has been elected as the new Eurogroup president, with the finance ministers praising him for his balancing act between growth and budget discipline that earned him a comparison with football star Ronaldo.
The European Union has increased its forecast for economic growth in the 28-nation bloc, saying the recovery was gaining strength despite the elevated uncertainties of Brexit and protectionist trade policies.
Germany has recorded its strongest growth in six years and an annual budget surplus. While this sounds impressive, a lot needs to be done to see this success story continue, says DW's Henrik Böhme.
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