The euro area economy expanded by 0.2 percent quarter on quarter in the third quarter (Q3) of 2025, according to a preliminary flash estimate released on Thursday by Eurostat.
The European Union (EU) as a whole grew by 0.3 percent over the same period. Meanwhile, on an annual basis, gross domestic product (GDP) rose by 1.3 percent in the euro area and by 1.5 percent in the EU.
Among the countries reporting Q3 data, Sweden posted the strongest quarterly increase with 1.1 percent, followed by Portugal with 0.8 percent. Output declined in Lithuania by 0.2 percent, and edged down by 0.1 percent in Ireland and Finland.
Within the larger euro area economies, Germany and Italy recorded zero growth from the second to the third quarter of 2025. France expanded by 0.5 percent and Spain by 0.6 percent. The Netherlands also outperformed with growth of 0.4 percent.
Eurozone GDP grows 0.2 pct in Q3, EU up 0.3 pct: Eurostat
Eurozone GDP grows 0.2 pct in Q3, EU up 0.3 pct: Eurostat
Chinese Premier Li Qiang on Thursday presided over a State Council executive meeting that studied work on building a unified national market and reviewed and approved a plan for the development of a modern emergency response system during the 15th Five-Year Plan period (2026-2030).
Noting that building a unified national market is essential to advancing high-quality development, the meeting called for deepening institutional frameworks in areas such as property rights protection, market access, fair competition, social credit and market exit mechanisms.
The meeting also urged efforts to advance high-standard connectivity of market infrastructure to facilitate smooth economic circulation and effectively reduce logistics costs across society.
Emergency management is critical to protecting people's lives and property, the meeting said. It called for accelerating the development of a modern emergency response system, deepening reform and innovation in emergency management, and improving coordinated response mechanisms.
Efforts should be made to strengthen risk prevention at the source, enhance monitoring, forecasting and early warning, and accelerate a shift in governance toward proactive prevention, according to the meeting.
A draft revision of the Law on the People's Bank of China was also discussed and approved in principle at the meeting, which decided to submit the draft to the Standing Committee of the National People's Congress for deliberation.
Chinese premier chairs State Council executive meeting
