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Thursday, August 13, 2009
By Steven L. Taylor

Via the BBC: France and Germany exit recession

The French and German economies both grew by 0.3% between April and June, bringing to an end year-long recessions in Europe’s largest economies.

Stronger exports and consumer spending, as well as government stimulus packages, contributed to the growth.

Interestingly, the report notes that growth in both cases was a surprise to economists.

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