13 August 2010, 18:05  Euro zone growth surges

Economic growth across Europe's euro zone surged past retreating US levels, hitting 1% between April and June this year, the European Union said today. Driven by Germany's posting its best quarterly growth since reunification, Europe's main stock markets bounced upwards with recovery also gathering pace in Britain and France, though Greece slipped deeper into recession. Recent figures show that growth across the US slid back to just 0.6% in the second quarter of 2010, having touched 0.9% in the first three months of the year. Europe had barely managed 0.2% growth up to March.

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