The economy of Germany in the second quarter of the year it grew by 0,3%. According to the German Federal Statistical Office, the country's gross domestic product went slightly better than forecasts - analysts from the Dow Jones Newswires agency had assumed a +0,2% - thanks to growth in exports and consumption, which offset the slowdown in investment.
Still in the second quarter, however, the French GDP (0%), as in the previous three months. Also in this case it is a better result than expectations, which were of new data falling (-0,1%). On an annual basis, the GDP figure recorded +0,3%, as in the previous quarter. Estimates spoke of a decrease of +0,2%.
The data had a positive influence the European stock exchanges at the opening of trading, dragging Frankfurt to the top of the increases (+0,81%), followed by Paris (+0,68%), Milan (+0,77%) and London (+0,59%).
As for the other countries, the Romania it regained economic growth in the second quarter, with a 0,5% increase in GDP compared to the previous three months. This was announced by the National Statistics Office.
The return to growth in the April-June period, after two consecutive quarters of contraction in the gross domestic product, was announced just as the International Monetary Fund and the European Union are today preparing to conclude their evaluation mission of the Romanian economy.
