Eurozone outpaces the U.S. and UK in quarter

London • The eurozone, for so long a laggard in the global economy, outpaced the United States in the first quarter of the year and is widely expected to pick up further steam in the months ahead. The single currency bloc of 19 European countries expanded by a solid, if unspectacular, quarterly rate of 0.5 percent in the first three months of the year. The increase reported Wednesday by statistics agency Eurostat was in line with expectations but may prove a slight disappointment to some in the...

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