Data released this week by Eurostat on GDP growth in Europe showed that the region narrowly avoided a second successive quarter of contraction – so dodging technical recession. Both the 17-country euro area and the wider European Union saw 0% GDP growth after a 0.3% fall in the final quarter of 2011.
However, not all individual states were so lucky. Here we look at which European countries dodged the fall and which have now fallen into technical recession. (Where available, we’ve used the first quarter 2012 GDP data, unless indicated by *, in which case we’ve used Q4 2011).