Sharp dip in oil prices boosts euro region's Q1 growth
France, Italy beat expectations while Germany falters
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Frankfurt
EURO area growth quickened in the first quarter as stronger-than-predicted performances from France and Italy made up for weaker momentum in Germany.
Gross domestic product in the region rose 0.4 per cent in the first three months of the year after expanding 0.3 per cent in the previous three months, the European Union's statistics office in Luxembourg said on Wednesday. That's in line with the median of 42 estimates in a Bloomberg survey. Greece fell back into recession.
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