The fact that the European Union statistical office has reported a growth trend after 18 months of recession is good news for investors. The EU reported a 0.3% GDP growth which was led by the economies of Germany and France. However, the countries of Italy, Spain and the Netherlands are still in a recession, posting a negative growth rate. Despite this, the longest recession in the European Union’s 14-year life is finally coming to an end.
“The perception regarding the continent is starting the change, the euro currency is looking more firm, and growth rates are actually starting to pick up as well,” Eric Dutram wrote for Zacks.
Vanguard FTSE Europe ETF
Tisha Guerrero contributed to this article.