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Economic growth in France and Spain exceeded expectations in the second quarter Economic Developments in the Euro Zone Sign up for myFT Daily Digest and be the first to learn about economic news in the Eurozone. Data released on Friday showed that the economies of France and Spain have emerged from the historical pandemic-driven downturn and grew faster than expected in the three months to June. France’s GDP grew by 0.9% in the second quarter, higher than the 0.8% expected by economists surveyed by Reuters. The National Bureau of Statistics also raised the GDP data for the first quarter, showing that the economy was flat, which meant that the country narrowly avoided a double-dip recession in the winter months.

United statesBruxelles capitaleJean pisaniEuropean centers for diseaseEuropean unionNational bureau of statisticsFrench national statistics officePeterson institute for international economicsNational bureauDelta coronavirusJean pisani ferryBruegel think tankPeterson instituteInternational economicsChina earlierPresident emmanuel macron