France and Germany exit recession

The economies of France and Germany reportedly grew by 0.3 per cent between April and June bringing an end to the year-long recession in those countries.



The two countries are said to have the largest economies in Europe.



The growth is widely attributed to stronger exports and consumer spending, as well as government packages.



However, the announcement has surprised analysts who did not expect the economies to start recovering so soon as there are indications that the region is still in recession.