Thursday, August 13, 2009

Economy Growth in France and Germany

As we know the recessions hit the major parts of Europe, but between April and June the economies grew by 0.3% in France and Germany. This economic growth has the contribution of stronger exports and consumer spending, as well as government stimulus packages. This increase in economic growth came as a surprise, with few analysts expecting Germany and France to start to recover so soon. Although the whole region is still in recession and the economic activity in the eurozone fell by 0.1%. At the midday the main markets in Germany and France increased to 1%. Both the French and German economies last grew in the first quarter of 2008. Compare to other Europe countries French and German markets are better, according to analysts.

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