2012-08-14 — dailyfinance.com
Stronger-than-anticipated economic growth in Germany has helped shore up markets Tuesday even though Europe's economy as a whole appears headed for recession.
Investors breathed a sigh of relief on the news that Germany, Europe's biggest economy, posted 0.3 percent growth in the second quarter. The consensus in the markets was for a lower figure, with some analysts predicting a flat reading.
A better rounding error than expected! Any excuse to rally...
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