Germany over expectations and Frankfurt Stock Exchange does records – ANSA.it

Germany over expectations and Frankfurt Stock Exchange does records – ANSA.it

BRUSSELS – After the frost of spring (-0.1% in the second quarter), the German economy is growing again, even more than the estimates: + 0.7% in the fourth quarter compared to the previous year. The same rate of growth of the United States (but came from + 1.2%). Germany analysts were expecting a + 0.3%. The Frankfurt Stock Exchange is celebrating more than double the rate for a few hours and breaks through the roof of the 11,000 points, marking a new record, before folding slightly and close with a + 0.4%. New peak overseas where the S & amp; P 500, the general index of the New York Stock Exchange, touching 2093.79 points.

With the boom of year-end, also grows the data on German GDP 12 months: the final rose to 1.6%, a tenth of a point more than expected in mid-January (+ 1.5%). And while Italy had to settle for zero growth, that uninspiring but at least (after -0.2% and -0.1% of the two previous period) indicates the end of the recession and a trend of rising and France record a new slowdown (+ 0.1% after 0.3% in the third quarter), the same rate in Germany should be instead of Spain. The GDP of Madrid in the last three months grew by + 0.7%, in constant acceleration for the fourth consecutive quarter (+ 0.3% in the first, + 0.5% in the two later). Well even Portugal, with 0.5%.

Data that, in the political struggle for the revision of the aid program with the new Greece Alexis Tsipras and Yannis Vanoufakis, end up being an assist to political of penalty takers’ Eurozone. The narrative in Brussels and Berlin at least two years is always the same: “the programs work, data showed in Spain, Portugal and Ireland.” In the last quarter, while growing expectations for the electoral breakthrough of Syriza, the Greek growth is back in negative range: -0.2%. Screeching halt after + 0.7% in the third quarter, up 0.3% in the second and 0.7% in the first that had prompted the European Commission to review by + 0.6% to + 1.0% the feedback on the entire 2014. Figures that feed the lamentations of Antonis Samaras.

The popular prime minister had accepted the catastrophic austerity troika. And lost the election kept repeating that he had taken the country with GDP declining by 7% and it reported in positive territory. In addition to Greece, GDP downhill for Finland (-0.3%) and Cyprus (-0.7%), but Germany and Spain pulling the Eurozone at + 0.3%. Slightly faster (+ 0.4%) the growth of the EU to 28, with the United Kingdom which marks + 0.5% (in slowing after + 0.6% in the first quarter, up 0.8% in the second and + 0.7% in the third). Encouragingly, and in line with the 1.3% overall in 2014 indicated by the Commission for the EU.