- EUROPEAN COMMISSION: Raises 2011 EMU GDP forecast to +1.6% from +1.5%
Market news
13 May 2011
EUROPEAN COMMISSION: Raises 2011 EMU GDP forecast to +1.6% from +1.5%
- Commission 2012 emu gdp fcast to 1.8%, unchanged from previously;
- Commission ups 2011 germany gdp fcast to 2.6% from +2.2%;
- Commission trims 2012 germany gdp fcast to 1.9% from +2.0%;
- Commission ups 2011 france gdp fcast to 1.8% from +1.6%;
- Commission ups 2012 france gdp fcast to 2.0% from +1.8%;
- Commission cuts uk 2011 gdp fcast to 1.7% vs prev. 2.0%;
- Commission cuts 2011 portugal gdp fcast to -2.2% from -1.0%;
- Commission cuts 2012 portugal gdp fcast to -1.8% from +0.8%;
- Commission cuts 2011 greece gdp fcast to -3.5% from -3.0%;
- Commission 2012 greece gdp fcast unchanged at +1.1%;
- Commission cuts 2011 ireland gdp fcast to +0.6% from +0.9%;
- Commission 2012 ireland gdp fcast to +1.9%, unchanged;
- Commission ups 2011 spain gdp fcast to 0.8% from +0.7%;
- Commission cuts 2012 spain gdp fcast to 1.5% from +1.7%
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