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European Debt Crisis

Eurozone economy regains size of 2008 but remains shaky

It's been a long and tortuous journey, but the eurozone economy is finally back to the size it was before the global financial crisis.

The 19-country currency union, which as a bloc is the world's second-largest economy, enjoyed an unexpected acceleration in the first three months of the year, when it expanded by a quarterly rate of 0.6 percent, official figures showed Friday.

That's twice the previous quarter's rate and means the economy is now bigger than it was at the start of 2008, before the financial crisis triggered the deepest global recession since World War II.

While the size of the eurozone economy has recovered, however, the region still has far to go to...

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