SOLID GAINS: The German economy, Europe's largest, shrank by just 0.2 percent in the final three months of 2011 and grew by a solid 3 percent for the year as a whole.
FAVORABLE TREND: The Federal Statistical Office also revised up third-quarter growth to 0.6 percent from 0.5 percent.
RISING HOPES: Combined with an unexpected increase in the French economy, there are hopes that the 17-nation eurozone economy may not have contracted as much as the 0.4 percent anticipated.
Mike Shedlock - Europe Fears Bail-Ins: Capital Flight Intensifies in Italy, France, Spain; Are German Banks Safe?
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