Friday 13 August 2010

German economic miracle triumphs again: Output grows TWICE as fast as in the UK

Daily Mail
"The German economy is surging ahead with record growth of 2.2 per cent in the last quarter.Despite underwriting Greek debt to the tune of billions and an austerity package of close to £75 billion over the next four years, Europe's largest economy is now setting the pace for all other countries to follow.The rate of output, the fastest pace seen in Germany in two decades, is double the 1.1 per cent improvement seen in the same quarter in the UK."

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