Thursday, August 13, 2009

Germany out of recession????

Bloomberg writes.........
“There is a more-than-decent chance that euro-zone economic activity has now hit a bottom and will expand again in the third quarter, as many other economies follow Germany and France out of recession,” said Martin van Vliet, senior economist at ING Bank in Amsterdam. “However, we fear that the recovery will be relatively slow and protracted.”
Didn't Germany have TAX CUTS????

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