European economic growth picked up in the first quarter, handily outstripping analyst expectations, led by Germany and France and leaving Spain and Italy in the dust. Germany is at the forefront of this move, which saw growth quintuple for Europe's largest economy from the prior quarter thanks to streamlined production and higher emerging-markets demand. Take that, U.S. credit crunch! So, what else lies in store for the economy that’s now basking in its third soft landing since 1960? Read on to find out.
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