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Friday, August 13, 2010

German Economy Surges, Biggest Gain in 23 Years

Friday, August 13, 2010

Germany's economy grew 2.2 percent in the second quarter, well above forecast and its biggest gain in 23 years, boding well for a first estimate of euro zone numbers later on Friday.
The surge led Economy Minister Rainer Bruederle to say growth of well above 2 percent was possible for the full year — above the government's official forecast of 1.4 percent but in line with the more upbeat

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