luzribeiro: (Mic)
[personal profile] luzribeiro
...At least as far as Europe is concerned.

http://online.wsj.com/article/SB10001424127887323582904578484711384991702.html

Seems like Japan has enjoyed a 1% growth for the first quarter of 2013. The nice-sounding result is mostly thanks to a combination of aggressive fiscal policies plus massive government expenses, something called "Abenomics" (after Shindzo Abe). And this of course is causing some awe and applause in the Eurozone. Because even the most stable European economy, Germany, only has a 0.1% growth for the same period. While everyone else is stagnated.

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