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17.08.2010
European countries have overcome the crisis
European countries have overcome the crisis

 

The economies of the euro area demonstrates the rise. Thus, according to Germany in June showed growth at 2.2% over the past quarter. It is worth noting that this is the best indicator for the past 20 years.

Do not lag behind the German economy, Spain and France. Their performance of the second quarter also are encouraging.

Such positive trends suggest that European countries have overcome the crisis. One reason for this positive process in the EU is to weaken the euro. Against this background, and increased export of goods from Germany.

Have contributed to economic growth and the inhabitants of the German region. They began to actively spend their resources.

Britain is also on all the factors at the end of the year will show growth, but its performance will be much lower than that of Germany.

Spain, which survived the collapse of the construction industry, showing an increase of 0,2%. And the growth of the French economy was 0,6%.

What's interesting is that while while some euro zone countries show strong economic growth, others such as Greece, are experiencing difficult times. Recall that in September, Greece will receive financial assistance amounting to 9 billion euros.

Based on materials from www.bbc.co.uk

Tags: GreecEuropean

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