Eurozone 'set to exit' 18-month recession

The report said production figures across the 17-state single currency area released on Tuesday left financial markets "convinced" the downturn, dating back to 2011, was finished. The report added analysts predicted the 1.2% rise in industrial production, coupled with stronger construction sector performance would be enough to produce growth of 0.2% or 0.3%. That would reverse the fall of 0.2% in the first three months of the year, it said.