1.   The scenario of a gradual upturn still remains most likely, she said.

2.   Commerzbank economist Peter Pietsch said the figures showed the period of stagnation was over and that the economy had entered a phase of very gradual upturn.

3.   Commerzbank economist Peter Pietsch said the figures showed that the period of stagnation was over and that the economy had entered a phase of very gradual upturn.

4.   The international banking world appears to be showing faith in the hopeful signs of a gradual economic upturn.