Wednesday, May 15, 2013

France triple dip recession

It shrank 0.2% in the first three months of the year. This is its third recession in 4 years.

In other news, the Netherlands and Czech Republic are also still in recession. Germany grew by 0.1% meanwhile.

You compare this sorry state of EU economy to the US that grew 2.5 percent in the first three months of the year. That's called night and day.


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