Although this rise in growth has been long awaited, some economists have said that the rise in output was not as big as predicted. Countries such as France and Germany have fallen short of these expectations and Spain’s economy is still showing signs of contraction.

Britain and Sweden, although non-euro countries, have joined the United States and Japan with a growth of 0.2 % in the third quarter.

Eurozone’s increased industrial output has encouraged further hopes of a rebound.

Germany’s investments and exports are being credited for eurozone growth, while France’s weaker performance has surprised some economists as many believed France’s economy was performing better in comparison.

General positive growth and recent recovery appears to have been down to the emergency stimulus measures that many eurozone countries have invested in.

It is predicted that Europe’s economy will remain weak as a result of rising unemployment and the strengthening of the euro.