Powered economic boom of Germany to the European Union to further growth faster than expected from 1 percent in the second quarter of this year, the Statistical Office of the European Union, said on Friday.
Germany, the EU's largest economy outside resisted worries about global prospects for posting growth of 2.2 per cent in comparison with the
first trimestre.En the back of this figure, the EU economy grew by 1 percent, better than 0.7 percent analysts had predicted.
Figure translates into an annual growth rate of 1.7% for the EU, a marked acceleration in the annual rate of 0.5 percent
recorded in the first quarter, reported the Eurostat based in Luxembourg.
Economic performance of Germany emphasized between EU colleagues.Block other major economies, Britain posted quarterly growth of
1.1 per cent, France recorded by 0.6% and growth in Italy came by 0.4 percent.
Tiny, Lithuania with a rate of growth of 2.9 percent, better than Germany performed only in the quarter.
At the other end of the scale, Greece recorded a fall in economic production with its economy declining quarter of 1.5 per cent
in the quarter as Government cuts short gasto.En Q1, the economy contracted by 0.8 percent.
Spain and Portugal, however, recorded a marginal positive growth of 0.2%, consolidating a trend that began in the first States trimestre.Ambos were in recession until the end of 2009.
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