Saturday 24 October 2009

Where have all the green shoots gone?

FT
"If the UK’s continued slide is particularly depressing, neither Europe as a whole nor the US can yet boast of unambiguously good economic news. True, Germany and France both grew by a modest 0.3 per cent in the second quarter, and one must hope this has continued in the third. But the strength of the euro risks snuffing out the spark of increased net exports that helped reignite economic activity."

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