Financial Times FT.com

Eurozone data raise hopes for recovery

By Gerrit Wiesmann in Frankfurt and Ben Hall in Paris

Published: August 13 2009 09:07 | Last updated: August 13 2009 19:25

The German and French economies unexpectedly bounced back in the second quarter, raising hopes that the worst of the economic crisis is coming to an end in the eurozone.

The region’s two biggest economies, which had each suffered four consecutive quarters of negative growth, both grew 0.3 per cent in the three months to the end of June, figures showed on Thursday.

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