France’s GDP gets €1bn lift from giant cruise ship as German economy shrinks
by Phillip Inman from Economics | The Guardian on (#6PKJK)
Analyst says eurozone could have turned a corner as it avoids recession with 0.3% growth
The delivery of the world's second-largest cruise ship lifted France's economy in the second quarter, according to official data that also showed Germany heading into a recession.
Built in Saint-Nazaire for the cruise ship operator Royal Caribbean, the Utopia of the Seas added 1bn (840m) to French economic output, helping to increase trade growth to 0.6% in the three months to the end of June and gross domestic product to 0.3%.
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