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Page last updated at 07:15 GMT, Tuesday, 14 August 2012 08:15 UK

Germany's economy grows by 0.3%

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Germany's economy grew 0.3% in the second quarter of the year, helped by exports and domestic consumption.

Earlier, France announced its economy had recorded zero growth in the period, which was better than had been expected.

George Magnus, senior economic advisor at UBS investment bank, believes the "German belief in order and fiscal rectitude... and monetary modesty" will see nation follow a "steady-as-you-go course".


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