Friday, November 14, 2008

Eurostat announced that the euro-zone economy into recession for the first time

According to Eurostat on November 14 announced figures show that the 15 euro-zone economy this year, again in the third quarter of negative growth, which mark the formal entry into the euro-zone economic recession, but also for the first time in the euro zone economy into recession. Eurostat said that by the Asian financial crisis and the impact of declining demand in the euro zone economy in the second and third quarter are showing negative growth of 0.2 percent. Typically, the economy contracted for two quarters of negative economic growth shows that the recession.
With the same period last year, the euro zone this year, the second and third quarter economic growth rate of 1.4 percent and 0.8 percent.
Figures also showed that the 27 countries comprising the European Union economy in Eastern Europe due to the economic growth has not yet entered into a recession, but in the second quarter after zero growth in the third quarter, there have been a negative growth of 0.2 percent.
据欧盟统计局11月14日公布的数字显示,欧元区15国经济今年第三季度再次出现负增长,这标志着欧元区经济正式进入衰退期,也是欧元区经济首次陷入衰退。
欧盟统计局说,受席卷全球的金融危机冲击和需求下降的影响,欧元区经济第二和第三季度都出现了0.2%的负增长。通常,经济连续两个季度出现负增长即表明经济陷入衰退。
与去年同期相比,欧元区今年第二和第三季度经济增长速度分别为1.4%和0.8%。
数字还显示,由27国组成的欧盟经济因受东欧经济增长的拉动目前还未进入衰退期,但在第二季度出现零增长后,第三季度也出现了0.2%的负增长。

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