Denmark says farewell to recession
COPENHAGEN (AFP) - Denmark emerged from recession in the third quarter of 2009, as its economy grew by 0.6 percent from the preceding three months, the National Statistics Institute announced on Tuesday.
The country's economy had contracted by 2.3 percent in the second quarter.
Sweden's GDP decreased by 5.0 percent in the third quarter, in working-day adjusted figures compared to the third quarter of 2008, the statistics office said month. This means that the decline of the economy has came to an halt. Compared with the second quarter the economy increased by 0.2 percent.
The technical definition of a recession is two or more quarters running of contraction, on a quarter-by quarter comparison.
Last Updated (Tuesday, 22 December 2009 11:16)
Companies
- Published Sunday, 03 January 2010 17:28
Companies
- Published Sunday, 03 January 2010 13:26
Companies
- Published Sunday, 03 January 2010 14:32
Companies
- Published Saturday, 02 January 2010 10:56
Companies
- Published Saturday, 02 January 2010 11:33
General
- Published Sunday, 03 January 2010 13:07
Nordic
- Published Saturday, 02 January 2010 11:26
Stocks & Investments
- Published Thursday, 31 December 2009 10:24
Companies
- Published Thursday, 31 December 2009 09:48
Companies
- Published Thursday, 31 December 2009 09:41
Stocks & Investments
- Published Wednesday, 30 December 2009 11:07
Politics
- Published Wednesday, 30 December 2009 09:57
Companies
- Published Tuesday, 29 December 2009 11:01
Companies
- Published Tuesday, 29 December 2009 18:13
Nordic
- Published Tuesday, 29 December 2009 18:01
Companies
- Published Tuesday, 29 December 2009 10:37
Politics
- Published Tuesday, 29 December 2009 15:01
Economy
- Published Monday, 28 December 2009 05:27
Nordic
- Published Tuesday, 29 December 2009 13:01
Economy
- Published Monday, 28 December 2009 08:36
