German Growth Picks Up
World Economy

German Growth Picks Up

German economic growth picked up in the second quarter of 2015, and the public finances of Europe’s economic powerhouse were firmly in the black in the first half, new data has shown, RTE reported. German gross domestic product expanded by 0.4% in the period from April to June, up from 0.3% in the first quarter, the federal statistics office Destatis said, confirming a flash estimate released earlier this month. At the same time, Destatis calculated that Germany’s finances were firmly in the black, with the federal, regional, municipal and welfare budgets running up a combined surplus of €21.1 billion ($24.4 billion) in the period from January to June. That is equivalent to 1.4% of GDP, Destatis said.


Short URL : https://goo.gl/AysYlx
  1. https://goo.gl/ERFAHS
  • https://goo.gl/Onqy8C
  • https://goo.gl/1kTpgJ
  • https://goo.gl/N8bxqq
  • https://goo.gl/3bt498

You can also read ...

Google and Walmart are set to start a partnership through which thousands of Walmart products are offered through the Google Home voice-controlled speaker.
Lowe’s Inc the number-two US home improvement retailer,...
Lowe’s Q2 Profit Jumps 21.6%
Lowe’s Inc the number-two US home improvement retailer,...
There were rallies on Wall Street overnight due to US President Donald Trump’s comments.
Asian indexes put in mixed performances on Wednesday following...
Toshiba, Western Digital Start Talks on Memory Sale
Toshiba has begun negotiations with business partner Western...
Blackstone Explores $7b IPO of Gates Global
Private equity firm Blackstone Group LP is exploring an...
Italian 10-year yields climbed 6 basis points to  a 3-1/2-week high at 2.17%
Eurozone bond yields rose on Wednesday, with Italian yields...
China Court Awards US Co. $1.5m in Court Case
A Chinese court has ordered three domestic shoemakers to pay...
Identity Fraud Soars to New Highs in UK
Cifas, the UK’s leading fraud prevention service, has released...