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Eurozone GDP Growth Rev Down To 0.3%

The euro area economy grew at a slower than initially estimated pace in the first quarter, flash estimate from Eurostat showed on Thursday.

Gross domestic product expanded 0.3 percent on a quarterly basis, which was revised down from 0.4 percent estimated on April 30. This followed fourth quarter's 0.2 percent expansion.

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by Renju Jaya

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