Economies in Germany and France grew slightly in the Second Quarter. The economy, as a whole in the EU, contracted just 0.1%. These are indications that the recession may be ending in Europe, with some countries returning to growth sooner than others.
Euro-Area Economy Contracted 0.1% in Second Quarter (Update2) - Bloomberg.comThe euro region’s economy barely contracted in the second quarter as Germany and France unexpectedly returned to growth, suggesting Europe’s worst recession since World War II is coming to an end...
In Germany, Europe’s largest economy, second-quarter GDP rose a seasonally adjusted 0.3 percent from the first quarter, when it dropped 3.5 percent. The French economy also expanded 0.3 percent in the latest quarter.
The complete details can be found at: http://europa.eu/rapid/pressReleases...ged=0&language