German economy sees 'record' growth of 2.2% (BBC)

[eppur_se_muova]

The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in more than 20 years, official figures show.

"Such quarter-on-quarter growth has never been recorded before in reunified Germany," the national statistics office, Destatis, said.

The main reason for the higher-than-expected growth was strong exports, helped by a weaker euro.

The eurozone economy grew by 1% during the quarter.

This compares with growth of 0.2% in the first three months of the year, the area's official statistics agency, Eurostat, said.
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more: http://www.bbc.co.uk/news/business-10962017




I thought Europe was slowing the US recovery? :shrug: