Friday, November 13, 2009
Europe is growing again
Posted by David Smith at 10:30 AM
Category: Thoughts and responses

Germany is growing well, with gross domestic product up 0.7% in the third quarter, France slightly less so, 0.3%. Italy has also returned to growth, with a 0.6% third quarter GDP rise. The upshot is that Eurozone growth in the third quarter was 0.4%, following a 0.2% decline in the second quarter. EU growth as a whole was 0.2%, despite being dragged down by Britain's apparent 0.4% GDP fall. More details here.