Germany, France hit positive growth: rest blah !

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	Germany, France hit positive growth: rest blah !

beanz

8-13-2009 7:27 AM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/460a1331-603c-4f47-b8aa-387c0231fbcd/F84698BE-456B-4B16-8531-78CFC3EEAEDE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html" href="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html" style="font-size: 11px;">www.news.com.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html"><H1>Germany, France emerge from recession</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html"><DIV>
A day after the Federal Reserve said the recession-hit US economy was stabilising, official statistics showed that Germany and France both achieved positive growth of 0.3-per cent in the second quarter of the year. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html">The news was particularly welcome for German <A title="Search for more about Chancellor Angela Merkel  across the News Network" class="media-search-keyword" href="http://search.news.com.au/search//0/?us=ndmnews&sid=31037&as=news&ac=business&q=Chancellor Angela Merkel">Chancellor Angela Merkel </A> ahead of polls next month as Europe's biggest economy had not seen positive growth since the first quarter of 2008. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html"><DIV>"After four quarters of negative growth, France is finally coming out of the red," <A title="Search for more about French Finance Minister Christine  across the News Network" class="media-search-keyword" href="http://search.news.com.au/search//0/?us=ndmnews&sid=31037&as=news&ac=business&q=French Finance Minister Christine">French Finance Minister Christine </A> Lagarde said on RTL radio. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html"> Austria's economy slowed further in the second quarter of the year while Slovakia's economy contracted by 5.3 per cent on a 12-month comparison in the second quarter and the Hungarian economy shrank 2.1 per cent. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.news.com.au/business/story/0,27753,25924672-31037,00.html"><DIV>Britain, which is not part of the eurozone, released figures yesterday showing that its economy shrank by 0.8 per cent - the fifth quarterly contraction in a row - while unemployment hit a 14-year high. </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F84698BE-456B-4B16-8531-78CFC3EEAEDE/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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