European Quarterly Commercial Property Outlook Q2 2015 | Knight Frank
SUMMARY The Eurozone recorded positive GDP growth for the ninth consecutive quarter in Q2, expanding by 0.4%. This was bolstered by 0.4% growth in Germany, but dragged down by a flat quarter for France. Unexpectedly, Greece grew by 0.9%, despite the recent intensification of its debt crisis.Greece’s immediate future in the single currency area appears to have been secured by a new bailout deal agreed in August but, even if a Greek exit were to transpire, the Eurozone looks to be much better placed to withstand it now than it was 2-3 years ago.
