日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

WORLD> Europe
France, Germany return to growth in 2nd quarter
(Agencies)
Updated: 2009-08-13 20:27

It was the first time since August 2008 its statement had not characterized the economy as contracting or weakening.

The Bank of England struck a slightly more subdued tone in its quarterly inflation report on Wednesday, saying Britain's recession would end early next year.

Related readings:
France, Germany return to growth in 2nd quarter US foreclosures rise 7% in July from June
France, Germany return to growth in 2nd quarter UK jobless rate hits 13-yr high of 7.8%
France, Germany return to growth in 2nd quarter Lawmakers face angry crowds on health care
France, Germany return to growth in 2nd quarter Global recession coming to an end: report
France, Germany return to growth in 2nd quarter Surprisingly strong jobs data signal turning point

Britain now looks in relatively poor shape, its economy having shrunk by 0.8 percent in the second quarter.

In France, the second quarter rise was supported by solid consumer spending, which has been propped up by government stimulus measures ranging from tax breaks to car trade-in schemes, and a surprise turnaround in exports.

Year-on-year, German GDP fell by 7.1 percent in the second quarter, following a 6.4 percent drop in Q1.

The government expects the economy to contract by some six percent this year but the Economy Ministry had already said the economy probably stabilized in the second quarter.

"The figures should encourage us," German Economy Minister Karl-Theodor zu Guttenberg said in a statement. "However, there are no grounds for euphoria, because we're still a long way from seeing the economy back at the level that it was at last year."

REASONS TO BE CAUTIOUS

Experts also remain cautious with budget deficits spiraling under the weight of government stimulus packages and unemployment levels set to climb for some time.

"If firms decide to start firing people in the autumn rather than putting them on shorter hours, it's going to have a negative impact on wages and hit consumption (in Germany)," said Christian Dreger of the DIW economic institute.

Banks in many countries also remain in poor shape, reliant on state support and reluctant to lend.

"There are lots of problems we haven't solved," said Jens-Oliver Niklasch, analyst at LBBW. "As long as it's not clear that the banks' capital base is robust, we can't assume that the crisis is over."

But if nothing else, the prospect of a 1930s-style depression appears to have been banished.

"We had contracted so much over the past four quarters that a return to growth is almost mechanical," said Marc Touati at Global Equities in Paris. "Still, it's good to see that we're not in a 1929 or 1930s type situation of total collapse."

   Previous page 1 2 Next Page  

主站蜘蛛池模板: 成人不卡视频 | 天天操一操 | 三级天堂| 午夜资源站 | 国产视频综合 | 国产第页 | 国产黄色小视频网站 | 午夜肉体高潮免费毛片 | 欧美成人精品激情在线观看 | 成人激情免费视频 | a久久久久久 | 成人高清在线 | 深夜视频在线播放 | 欧美人与牛zoz0性行为 | 九九福利 | 欧美刺激脚交jootjob | 成人在线国产 | 欧美一级片免费 | 肉视频在线观看免费 | 亚洲成年人在线 | 中文字幕狠狠干 | 精品久久久久久久久久久久久 | 伊人春色在线观看 | 婷婷在线综合 | 日韩欧美精品在线 | 青青青视频在线 | 欧美激情在线观看视频 | 天天夜夜骑 | 91播放| 久久精品国产99 | 久久久久一级片 | 羞羞av| 污视频在线观看网站 | 亚洲欧洲色图 | 久久综合久| 99香蕉视频 | 色天天综合网 | 久久在线观看视频 | 懂色av蜜桃av | 天堂8av| 激情六月丁香 |