Eurozone growth back to pre-crisis level

The eurozone economy expanded 0.6 percent in the first three months
of 2016, meaning growth in the 19-country currency bloc is now at
the same rate as it was before the 2008 financial crisis

Growth of euro area gross domestic product (% change over previous quarter)

2008: EU share of world GDP stands at 20.23% European Commission predicts growth of 1.4%

1 0 -1 -2 -3 -4 
2008 09 10 11 12 13 14 15 16

2009: GDP plunges by 3.6%

2010: GDP boosted by 3.5% growth in German economy. Share of world
GDP falls to 18.77%

2015: Eurozone’s largest economies – Germany, France and Italy – record growth. Proportion of global GDP drops to 16.61%

2016: Growth of 0.6% in first quarter outpaces growth in UK at 0.4%
and U.S. at 0.5%

Sources: Eurostat, Economy Watch,  World Bank