Economics
Europe Rebounds With a Bang But Germany Disappoints: GDP Update
- France second-quarter GDP rises 0.9%, Spain grew 2.8%
- Europe’s economy is recovering as countries exit lockdowns
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The euro-area economy rebounded sharply in the second quarter as businesses reopened following the lifting of lockdowns.
Output in the 19-nation region increased 2%, beating economists’ estimates and dusting off the impact of restrictions that crippled business activity during the winter months.