Without Germany seeing its improvement in growth, we would have seen a much stronger downturn (in the euro zone index),

The euro zone manufacturing PMI was just above the 50.0 level signalling a marginal improvement in business conditions,

We're seeing brand new details — things never seen before.

In Germany, output prices are remaining very subdued and it's a suggestion that German companies are being more competitive than companies in, say, France and Italy on price, and therefore winning more business abroad.

France is benefiting from the global upturn we're seeing, with increasing numbers of companies in Asia and the U.S. buying investment goods in particular.

I hope Greece is going to remain in the Euro zone.