Germany, France pull euro zone out of recession

Germany, France pull euro zone out of recession

www.reuters.com

(Reuters) - Stronger growth in the euro zone's two largest economies, Germany and France, helped the euro zone to emerge from its longest recession to date in the second quarter, confirming expectations a fragile recovery was under way.

Confirming a fragmented picture of the rebound, Spain's economy fell by 0.1 percent on the quarter, while Italy and the Netherlands both dropped by 0.2 percent.

(visit the link for the full news article)


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edit on 8/14/2013 by semperfortis because: Copy the EXACT Headline

Here comes the BS news that the Euro zone has exited recession in second quarter slightly faster than expected according to the MSM lapdogs whom are cheerful of the news.

But something is wrong with this news. According to the Fake GDP numbers. For the 27 countries in the European Union during the quarter, GDP also rose 0.3%, after recording a 0.1% drop in the first three months of the year.


The supposed exit was mainly due to the July reports after a string of solid manufacturing reports for Eurozone countries beat expectations. Yet as of today all of our Mainstream News Outlets are in an cheerful, positive mood of the supposed news.

In which Euro zone exits recession in Q2 slightly faster than expected
After the German GDP showed it grew 0.7% in the second quarter, with France posting 0.5% growth.


According to the guardian the modest growth in the three months to June Industrial production not only rose in Germany but also in Ireland and Greece. And as well by orders and eurozone manufacturers.

But wait a minute.





www.reuters.com
(visit the link for the full news article)

On June 8 France's Prime minster whom intervened in Libya and desperately seeks to intervene in Syria proclaimed that the Eurozone Crisis was over, How did knew so early on in June? maybe its due to the fact that the current GDP numbers are fake.

Good news from French President Hollande: The eurozone crisis is over, or something

Here we go.

The European Central Bank has predicted a deeper than expected slump in the eurozone economy as its president, Mario Draghi, said the institution had discussed negative interest rates in a bid to kickstart growth.

The ECB said the economy of the euro’s 17 members will shrink by 0.6% this year compared with the previous forecast of a 0.5% decline. However, the bank was more optimistic about 2014, inching up its growth forecast from 1% to 1.1%.

So that means they already have the numbers and the numbers are faked. These numbers arent based on an real actual growth.

Remember this headline?

Eurozone crisis 'over' says Hollande, but recession persists

Fast forward how did the MSM proclaim today the Euro zone exited recession? maybe because they already had the GDP numbers from Holland. And Merkel but the question is are the Europeans feeling the recovery? the answer is no.

I can tell you some real news from here in Ireland,

were not out of this depression yet, not by a long shot no matter what direction you look at it from.
those nob heads from their high offices can pull figures from there behind all they want but nothing changes the truth from actually living in the real economy, looking for work, looking for education, however the normal people are struggling.
that's the real news from here. not that BS lies the MSM tell you.....

Pretty much the same in Belgium, they keep on telling how we are recovering, but most of the houses I see are either vacant or being sold, no one is buying anything.

I know people who have two bachelors who end up working in the local supermarket. I can't even imagine how it is for the lower class, although here in Belgium the lower class gets a lot of financial support.

A general rule to live by, the more they say everything is well, the more you know its FUBAR.