After a winter recession, the European economy returned to growth in the spring, driven by progress in anti-Covid vaccination and the gradual lifting of health restrictions.
After falling 0.3% at the start of the year, euro area GDP grew by 2% in the second quarter, overtaking the United States (+ 1.6%) and China (+ 1.3% ), this is due in particular to the differentiated impacts of the pandemic.
But, unlike the US economy, which has already returned to its pre-crisis level, we will have to wait until the end of the year in Europe at best.
France returns to growth despite a still delicate health situation
Across the EU as a whole, GDP growth reached 1.9% between April and June.
France records the worst performance among the major economies.
Germany is also doing less well than expected, with an increase of 1.5%.
Business across the Rhine
has been more handicapped than elsewhere by supply problems given the size of its automotive industry, which has been particularly affected
, comments Bert Colijn,
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