British expatriates in north Europe set to see recovery first
14/08/09 22:57
Brits who have chosen to relocate to northern European countries, such as Germany and France will experience the economic recovery before others do, reports the Telegraph.
Citing the latest EU figures, France and Germany are faring much better than some of the southern states, the newspaper suggests.
As well as paying unemployed workers and a budget stimulus, Germany has companies ready to respond should the rest of the world come out of the current downturn.
"The Teutonic comeback is true to character. Germany is highly geared to the global cycle," the paper explained.
Both Germany and France experienced growth of 1.1 per cent during July - which may be positive news for expatriates looking to start businesses in these countries when they migrate.
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