Germany’s economic growth raises expectations

Germany’s economic growth raised expectation in euro zone economies in the month of August but the European Commission said the optimism failed to mask the negative performance of the region. The economic sentiment index rose in July to 101.1 and in August it rose to 101.8.

The growth of Euro zone was slow in the second quarter and later the growth was improved by the improvement in industry in Germany but the reliance on exports mostly to China has raised worries of the economists of the region.