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Eurozone out of Recession.

(Image Source: http://moonofthesouth.com)

Today according to the Eurostat news release the European economy grew by 0.3% during the second quarter of 2013. This was also better than the market expectation of 0.2%.  Germany’s economy grew 0.7% from 0.0% in the first quarter, France economy also grew 0.5% up from a contraction of 0.2% in the first quarter. Portugal’s economy grew at the most rapid pace of all at 1.1% up from a contraction of 0.4% in the first quarter.

In general most country show growth except for Sweden, the Netherlands, Cyprus, Italy, Spain and Bulgaria where the economy contracted.  Cyprus’s economy contracted the most with a 1.4% drop in GDP.

Is is time to invest in the Euro Zone?