Euro Zone GDP Disappoints

LONDON (MarketWatch) -- Little-revised first-quarter data on gross domestic product released Friday confirmed that the 16-nation euro zone's economic recovery continued at a sluggish pace in the first three months of the year.

GDP expanded by 0.2% compared to the final three months of 2009, unchanged from a previous estimate, the European Union statistics agency Eurostat reported. Compared to the first quarter of 2009, GDP expanded by 0.6%, the agency said, up slightly from a preliminary estimate of 0.5%.