Signs of recovery in France and Germany welcome
August 13, 2009 2:07 PM
Figures released today indicate that the French and German economies both grew by 0.3% between April and June.
Commenting on the news Liberal Democrat Shadow Chancellor, Vince Cable said:
"The signs of recovery in France and Germany are to be welcomed, particularly since they are both vital markets for British goods and services.
"The size of Britain's banking sector and the extent to which the Government allowed debt and the housing bubble to grow left Britain particularly exposed. This was not the case in either France or Germany."
