France and Germany climb out of recession

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Two of Europe's biggest countries see a 0.3% growth in GDP in the second quarter of 2009

France and Germany exit recession sooner than expected – raising hopes that the rest of Europe will soon recover.

Both countries have seen a 0.3% gross domestic product rise in the second quarter, as opposed to a predicted decline.

Meanwhile, recent economic data in the UK has thrown up tentative signs of recovery. However, the Bank of England’s decision last week to inject a further £50bn into the economy, via its quantitative easing programme, highlighted the hurdles which still remain if the

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