Thfire.com Everyday news that matters The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in 20 years, official figures show. “Such quarter-on-quarter growth has never been recorded before in reunified Germany,” the national statistics office, Destatis, said. The main reason for the higher-than-expected growth was strong exports, helped by a weaker euro. Separate figures showed ... Read More »
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France and Germany officially out of Recession
The European countries France and Germany have declared that their economy has grown by 0.3% taking into account from April to June, which makes them the first to exit recession. Experts on the other hand said that they had expected this growth from the European nations and is not surprise that they exit the recession. French Finance and Economy Minister ... Read More »