Germany, France skirt recession
The clouds over Europe appeared to lift slightly in the third quarter as the its two biggest economies both narrowly escaped a new recession. |||
Frankfurt – The clouds over Europe appeared to lift slightly in the third quarter as the its two biggest economies both narrowly escaped a new recession, official data showed on Friday.
In Germany, Europe’s economic powerhouse, gross domestic product (GDP) expanded by 0.1 percent in the period from July to September, after shrinking by 0.1 percent in the preceding three months, the federal statistics office said.
And in Paris, a preliminary estimate by …read more
Source: Independent Online
