Europe emerges from recession

Dominica News Online - Tuesday, January 26th, 2010 at 1:32 PM
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LONDON -Buoyed by strengthening rebounds in Germany and France, the 16-nation euro zone has officially climbed out of its worst recession since World War II, fueling hopes that a lasting global recovery is beginning to take shape.

The data released Friday – showing modest 0.4 percent growth during the third quarter among the nations that use the euro, compared with a 0.2 percent contraction in the second quarter — comes after the United States and Japan have also officially emerged from recession.

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1 Comment

  1. Lord Blackstone
    January 27, 2010

    How can europe emerge from recession and the Imf just downgraded greece economy?

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