Euro-zone GDP steady on quarterly, yearly basis

LONDON (MarketWatch)
Gross domestic product in the euro zone remained stable at 0.0% in the first quarter of 2012, compared to the prior quarter, the statistical office of the European Union, Eurostat, said on Tuesday
Measured against the same quarter of last year, GDP was also flat at 0.0%
In the broader 27-nation European Union, GDP was again stable on a prior-quarter basis, but saw a rise of 0.1% compared with the same quarter of the previous year
Earlier Tuesday, Germany released figures that showed a return to growth for Europe's largest economy, while France's GDP held steady
Italian data showed that the southern European nation is still in recession