France and Germany out of recession


The German and French economies pulled out of recession in the second quarter, figures out on Thursday showed.

Eurostat, the European Union's statistical office, published estimates showing the German and French economies expanded.

According to Eurostat's figures, both Germany and France grew by 0.3% in the three months to June. Economists were surprised by the figures, expecting both the German and French economies, which contracted by 3.5% and 1.3% respectively in the first quarter, to shrink.

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