France's economy grows 0.3% in third quarter

Note: This section contains information in English only.
Source: Bloomberg
The strengthening domestic demand helped the second biggest Euro area economy to grow 0.3% versus the 0.1% contraction in the quarter before, while the experts expected only a 0.1% expansion. However, Michel Sapin, French Finance Minister, remains concerned that the recovery is still weak and is insufficient to combat the unemployment efficiently.
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Fri, 14 Nov 2014 11:22:04 GMT

German economy escapes recession

The largest Euro area member avoided contraction, as the economy advanced 0.1% in the third quarter against the 0.1% decline in domestic product a quarter before. The boost in business activity was mainly provided by higher consumer spending and growing exports.

Thu, 13 Nov 2014 10:55:04 GMT

RBA's Kent forecasts economy's acceleration in 2016 as currency drops

Reserve Bank of Australia Assistance Governor sees the Australian economy gaining traction in 2016, as the currency depreciates in response to the higher US Dollar interest rates. Christopher Kent believes the recovery may stay lacklustre for a while, but will be able to pick up by 2016, as the Australian Dollar has more room to depreciate - the exchange rate

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