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Euro-Area Growth Picks Up as France Outperforms Germany

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Germany Did Not Need QE in the First Place: Moec

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Euro-area growth quickened in the first quarter as stronger-than-predicted performances from France and Italy made up for weaker momentum in Germany.

Gross domestic product in the region rose 0.4 percent in the first three months of the year after expanding 0.3 percent in the previous three months, the European Union’s statistics office in Luxembourg said Wednesday. That’s in line with the median of 42 estimates in a Bloomberg survey. Greece fell back into recession.