Germany Expands At Its Fastest Pace Since Reunification, Lifts Eurozone

EU’s economic growth accelerated sharply in the 2Q  of 2010 as Germany’s best performance since reunification more than made up for the struggles of Spain, Ireland and recession-ravaged Greece. A forecast-beating surge in German GDP combined with a solid if less impressive rise in France to push the aggregate GDP growth rate of the 16-country euro zone to 1.0% from the previous quarter and past that of the U.S., which is showing signs of flagging. – Reuters

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