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9/8/10

Demand in emerging markets powers European recovery

The German economy is striding into recovery, pulled by its formidable export machine and diverging from France which is struggling with a trade deficit, latest data shows while small Europe countries jostle for recovery on the sidelines. Analysts say momentum in Europe is being powered by strong demand for imports in emerging markets, notably Asia, with Germany particularly well-placed to cash in.

For more: AFP: Demand in emerging markets powers European recovery

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