| Author (Person) | Atkins, Ralph |
|---|---|
| Series Title | Financial Times |
| Series Details | 14.5.11 |
| Publication Date | 14/05/2011 |
| Content Type | News |
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A stronger-than-expected German growth spurt in the first quarter of 2011 pushed activity in Europe’s largest economy back above pre-crisis levels, powering a faster pace of eurozone expansion than in the US. Growth was strong in other countries neighbouring Germany – including France, the Netherlands, Belgium and Austria, which saw first-quarter 2011 growth rates of about 1%. The data published in May 2011 also illustrated the eurozone’s north-south divide. Growth in Spain and Italy remained sluggish with first-quarter GDP rising 0.3% and 0.1%. Portugal saw a 0.7%. Outside the eurozone the UK economy was stagnant with zero growth. |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe, Germany |
