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Economic Outlook: Slight Optimism for Eurozone
The Eurozone´s GDP to grow by 1.1 per cent again in 2013. In 2012, the economy will decline by 0.5 per cent; the low point of recession has already been reached.
Economic Outlook: Slight Optimism for Eurozone / Picture: © Vindobona.org
The analysts at Raiffeisen Bank International AG (RBI) note the frail arrival of spring in the eurozone. “Survey indicators have tended to show a discernible improvement since the winter months. That is in line with our existing forecast that growth will resume in the eurozone from the second quarter,” explains Valentin Hofstätter, Research expert at RBI. On average, however, he is…
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