The eurozone economy recorded its fastest pace of growth in a decade in 2017, and the economy's sentiment remained high at the start of the new year despite falling from its 17-year highs. Euro zone GDP rose by 0.6% on quarterly basis in the fourth quarter of 2017 and rising by 2.7% on yearly basis.
Overall, the euro zone’s GDP rose by 2.5% in 2017, the fastest pace since the region's economy grew by 3% in 2007. On the other hand, European Commission data showed that economic sentiment in the euro area fell slightly to 114.7 In January from a 17-year high of 115.1 in December.
