By Mucahithan Avcioglu
ISTANBUL (AA) —The euro area economy expanded by 0.1% quarter-on-quarter in the second quarter of this year, confirming preliminary estimates, Eurostat announced on Friday.
The figure followed a 0.6% growth in the previous quarter, according to the data.
In the European Union, the gross domestic product (GDP) expanded 0.2% in the April-June period.
The growth in household and government expenditures contributed to the GDP growth in the second quarter, while decreases in investments and exports dragged the economic growth down.
Among the member states, Denmark experienced the highest quarterly increase, at 1.3%, followed by Croatia and Romania (1.2% each) and Bulgaria with a 0.9% rise.
Conversely, Finland's economy shrank the most in the first quarter, with 0.4%, followed by Germany with a 0.3% decline and Italy with 0.1%.
The eurozone's GDP growth rate was 1.5% on an annual basis, compared to 1.6% for the EU, according to Eurostat.
Meanwhile, employment in the euro area and the EU rose by 0.1% on a quarterly basis in the second quarter of 2025.
On an annual basis, the eurozone's employment was up 0.6%, and the EU's rose 0.4% in the April-June period.
The eurozone/euro area, or EA20, represents member states that use the single currency—the euro—while the EU27 includes all member countries of the bloc.