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European Economic Growth Forecasts 2011-2012 by Ivana Levá is a document available to read on EtoBox.

What is European Economic Growth Forecasts 2011-2012 about?

The document summarizes an economic research report from Credit Suisse that cuts growth forecasts for the euro area and UK due to a "double whammy" of political uncertainty and financial turbulence negatively impacting business confidence and activity. It expects euro area GDP growth of 1.7% in 2011 and 1.0% in 2012, and UK growth of 1.0% and 1.5% respectively. Both the ECB and BoE are expected to keep interest rates unchanged. The biggest downside risk is another disruptive financial shock from the ongoing

Author

Ivana Levá

Language

EN