The German and French economies unexpectedly bounced back in the second quarter, figures showed yesterday, 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.
The figures confounded economists who had predicted contractions in each country again after German gross domestic product plummeted 3.5 per cent and French GDP shrank by 1.3 per cent in the first quarter.
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