End of Recession Supports Stock Exchanges in Europe

Business › n.a. ♦ Published: August 15, 2013; 13:44 ♦ (Vindobona)

The Eurozone seems to have finally left recession behind. This is one of the reasons why markets closed trades with a plus on Wednesday.

End of Recession Supports Stock Exchanges in Europe / Picture: © Vindobona.org

The majority of leading stock exchanges in Europe closed trade slightly highter. Investors had classified the data for economic growth in the Eurozone, which turned out better than expected, as positive for the stock exchanges, according to experts. The Euro-Stoxx increased 0.37 percent to 2,852.08.

GDP grew by 0.3 percent in the second quarter compared to the previous quarter…

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