German economy starts to get going again. Now revised upwards also growth projections for the entire eurozone.
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Quantitative easing germany accounts for a sixth of the value added – gross domestic product (gdp ) – in the eurozone. It is therefore crucial that the eurozone’s biggest economy leads to withdraw euro partners out of the problems they have struggled with since the financial crisis of 2008-09.
All indications now that Germany is on the right path and that growth finally picking up slightly. The improvement in Germany and the eurozone have been overshadowed by the problems in Greece, which has stolen most of the attention in recent months.
“Positive spiral underway in Germany,” writes DNB Markets in a note about Germany.
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