July 18, 2025, Bremen, Bremerfen: The containers are treated at the port abroad.
Cena Scholddh/Photo Alliance via Getti Emiez)
Flash data from Eurostat on Wednesday showed that the eurozone economy is the eurozone economy, eliminating 0.1 % better growth in the second quarter, compared to the previous three expansion.
The economists of Reuters expected the eurozone to grow this period, after expanding 0.6 % in the first quarter.
“The slowdown of GDP in the European region in the second quarter was not as surprising as the promotion of the front tariff,” said Jack Allen Reynolds, Vice President of Economists in the Economics at Capital Economics.
He added: “In general, the data indicates that the euro area has been flexible in the transformations in American commercial policy until now. It seems that the front photography of definitions gave the economy a boost in the first quarter, and the impact of uncertainty in commercial policy was limited to date.”
The American definitions and their impact have been a great concern for European economies so far this year. The so -called mutual definitions called US President Donald Trump entered into force in April with the start of the second quarter.
However, duties have been temporarily reduced, but the past few months have been suffering from a lot of uncertainty as negotiations on the trade agreement were ongoing. Some higher sectoral definitions, including cars, steel and aluminum, were also valid.
During the weekend, the European Union agreed on a trade framework with the United States, which includes 15 % of the customs tariff imposed on the mass. Some goods are to be exempt, and car fees have been reduced to the baseline level.
European bonds revenues have not changed little after the data is issued, as both French and German bonds last for 10 years with less than a basis point.
German economy contracts
Earlier on Wednesday, the preliminary data from the Destatis Agency showed that production is one of the largest economy of the European Union, Germany, decreased slightly by 0.1 % in the second quarter of 2025 from the previous three months.
This number, which is modified for the price, evaluation and seasonal differences, is in line with the expectations of analysts that were polled by Reuters and are characterized by a sharp slowdown compared to 0.3 % expansion in the first quarter.
Investing in machines and equipment, as well as construction, was less in the second quarter of it in the previous three period, while private consumption and governments expenses increased, as Destatis data indicated.
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2025-07-30 09:39:00
