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11/15/11

Germany, France post solid growth, outlook bleak

Germany and France posted solid growth in the third quarter but those euro zone countries at the sharp end of the debt crisis are faring much worse and analysts expect bleaker times ahead across the currency bloc.
 

The German economy grew 0.5 percent in July-September, in line with market forecasts, and second quarter growth was revised up to 0.3 percent from 0.1. France expanded by 0.4 percent on the quarter, data showed on Tuesday, having contracted by 0.1 percent in the previous three months.

For more: Germany, France post solid growth, outlook bleaker - The Economic Times

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