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France and Germany officially out of Recession

A french man frustration during Recession

A french man frustration during Recession

The European countries France and Germany have declared that their economy has grown by 0.3%  taking into account from April to June, which makes them the first to exit recession.

Experts on the other hand said that they had expected this growth from the European nations and is not surprise that they exit the recession.

French Finance and Economy Minister Christine Lagarde  added, “The data is very surprising. After four negative quarters France is coming out of the red,”.

This is all thanks to the exports that Germany managed. Last june it is recorded that Germany exports where 7% higher meanwhile last year it was 3.8%.

I  reckon all the other countries should learn from these two nations and do all possible terms to kill the recession as soon as possible.

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