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France and Germany beat GDP forecasts

France and Germany beat GDP forecasts
France and Germany have recorded higher-than-expected growth figures today, with both countries beating GDP forecasts.

France recorded a 0% rise in GDP between April and June, while Germany delivered an increase of 0.3%. Economists had predicted Germany to deliver 0.2% while France was expected to reveal a decline in output. The figures appear to have boosted the FTSE 100 Index, which was 35.7 points ahead at 5867.66 today.

Angela Merkel is facing a row over the future of the eurozone from within her own government, after senior ministers warned they will veto the next Greek aid package because of growing doubts over Athens' ability to remain in the single currency.

Michael Fuchs, Ms Merkel’s deputy parliamentary leader, said: "Germany has a right to veto. If we are convinced that Greece is not meeting its obligations, we will make use of that veto.”

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