Germany, France haul euro zone out of recession

CBC.ca

Germany, France haul euro zone out of recession Reuters By Martin Santa. BRUSSELS | Wed Aug 14, 2013 9:04am EDT. BRUSSELS (Reuters) - The economies of Germany and France grew faster than expected in the second quarter, bettering a widely heralded expansion in the United States and pulling the euro ... Euro Zone Returns to GrowthWall Street Journal Euro Area Exits Record Slump Led by Largest EconomiesBloomberg Euro Zone Economy Grew 0.3% in 2nd Quarter, Ending RecessionNew York Times (blog) USA TODAY -Businessweek -BBC News all 312 news articles »

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Greece: Horrific knife attack targets migrants in Crete

Greece: Horrific knife attack targets migrants in Crete Amnesty International “At the same time as we've seen a spike in xenophobic violence around Greece, the lack of laws to protect victims with irregular status has meant that reporting such crimes can result in the victims being deported while their attackers walk free,” said ...

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Greece, others still struggling with unemployment, debt despite end to ...

Livemint

Greece, others still struggling with unemployment, debt despite end to ... Fox News Greece's economy contracted 4.6 percent in the second quarter compared with a year earlier. While that is slightly less than in the previous quarter, it still leaves the country in an economic hole that some have termed a depression. The official ... Eurozone's longest-ever recession comes to an endOcala Eurozone comes out of recession but periphery still laggingKathimerini all 311 news articles »

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Greece, others still struggling with unemployment, debt despite end to eurozone recession

Europe's recession is over, thanks to second-quarter growth in big countries Germany and France and an improvement in some of the smaller ones that have been hit hard by the financial crisis.

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Eurozone Recession End Is Cold Comfort for Greece

Eurozone Recession End Is Cold Comfort for Greece ABC News Greece's economy contracted 4.6 percent in the second quarter compared with a year earlier. While that is slightly less than in the previous quarter, it still leaves the country in an economic hole that some have termed a depression. The official ... and more »

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Merkel accused of lying over Greek bailout

The Times (subscription)

Merkel accused of lying over Greek bailout The Times (subscription) Angela Merkel has been accused of lying about the need for more taxpayers' money to help cash-strapped Greece after the leak of an official warning that Athens would “most likely” need a third bailout next year. Germans were in for a rude awakening ...

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Eurozone exits longest recession as Germany, France outpace U.S.

Source: business.financialpost.com - Wednesday, August 14, 2013
Martin SantaBRUSSELS — The German and French economies grew faster than the United States in the second quarter, pulling the eurozone out of its longest recession. Growth in the 17-country bloc was 0.3% from the previous quarter, with its two biggest economies both revealing unexpected strength, data from the European Union’s statistics office Eurostat showed on Wednesday. A Reuters poll had forecast 0.2%. Germany grew 0.7%, its largest expansion in more than a year thanks largely to domestic private and public consumption. Related Number of unemployed in eurozone falls for first time in 2 years in another encouraging economic sign Turmoil in Portugal, Greece threatens to reawaken the eurozone beast? Leaked report shows IMF bungled $49B Greek bailout by trying to save eurozone rather than the country The return to modest rates of economic growth in the eurozone as a whole won’t address the deep-seated economic and fiscal problems of the peripheral countries France’s economy expanded 0.5%, pulling out of a shallow recession to post its strongest quarterly growth since early 2011. The turnaround was driven by consumer spending and industrial output, although investment dropped again. That compared with around 0.4% growth in the quarter – 1.7% annualized – in the United States, considered one of the bright spots of the global recovery. “For next year, our projections show the (European) recovery should be on a more solid footing, as

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