In the second release of GDP data for Q2-2025, Eurostat reports quarter-on-quarter growth of +0.2% for the EU and +0.1% for the Euro-zone, both unchanged from the first release. Compared to the same quarter in 2024, the EU economy is now estimated to have grown by +1.5%, with a rise of +1.4% for the Euro-zone (also unchanged from the initial estimate).
This release includes data for the same number of individual Member States as the Q1-2025 update, with 21 of the 27 Member States having released data for Q2-2025. Of these, Ireland (-1.0%), Germany (-0.1%) and Italy (-0.1%) saw their economy contract compared to Q1-2025, although Finland recorded “no change”. No Member States are currently in a recession.
However, when comparing Q2-2025 to Q2-2024 (effectively an annualized growth rate), all of the 21 member states that released data saw their economy grow, with the strongest growth being seen from Ireland (+16.2%), Cyprus (+3.3%), Bulgaria (+3.1%), Lithuania (+3.0%) and Poland (+3.0%). You can get the Eurostat figures from their website at https://ec.europa.eu/eurostat/web/main/news/euro-indicators (14 August) or request it from MTA.