With Germany gaining a foothold on the euro-zone, France’s is also rising out from its recession, which is a good sign that the euro-zone is now recovering. With this in mind, the 17-bloc nation is underway into a new revival that might challenge China in terms of its products and technology. The French GDP has increased comparing to the first quarter of 2013 by 0.5 percent. These are record numbers for this country. On the improvement of economic indicators showed the data published by the local statistics agency in see.
Analysts had predicted a much more moderate shift to the positive dynamics of the second-largest eurozone economy - about 0.2 percent. The increase in domestic demand contributed to the fact that the results were better than expected by the economists. The official forecast for GDP dynamics for the whole year in France was 0.1 percent.
For more details:
http://www.theguardian.com/world/2013/aug/14/eurozone-crisis-live-france-germany-growth-uk-jobs
http://www.reuters.com/article/2013/08/14/us-europe-economy-idUSBRE97D08O20130814
http://abcnews.go.com/International/wireStory/france-recession-05-percent-q2-growth-19953719
http://www.paxforex.com/rorex-blog/france-emerging-from-recession
Analysts had predicted a much more moderate shift to the positive dynamics of the second-largest eurozone economy - about 0.2 percent. The increase in domestic demand contributed to the fact that the results were better than expected by the economists. The official forecast for GDP dynamics for the whole year in France was 0.1 percent.
For more details:
http://www.theguardian.com/world/2013/aug/14/eurozone-crisis-live-france-germany-growth-uk-jobs
http://www.reuters.com/article/2013/08/14/us-europe-economy-idUSBRE97D08O20130814
http://abcnews.go.com/International/wireStory/france-recession-05-percent-q2-growth-19953719
http://www.paxforex.com/rorex-blog/france-emerging-from-recession