Eurostat, the statistical office of the European Union (EU) reported its preliminary estimates showed that the pace of growth in the Eurozone accelerated by 0.6 percent q-o-q in the second quarter from a 0.5 percent q-o-q in the first quarter (revised down from 0.6 percent q-o-q).

In y-o-y terms, economic growth leaped to 2.1 percent in the second quarter from 1.9 percent in the prior three-month period.

Both the quarterly and annual rates of the GDP growth matched economists' forecasts.