PRAGUE (ČIA) – According to Consensus Economics (CE) expectations, the euro area is to expect a 0.3% drop in GDP in 2012. The reasons include the worsening macroeconomic data and expansion of the debt crisis to large economies. This information is contained in the Global Economic Outlook published by the Czech National Bank (ČNB). CE is expecting 1% GDP growth next year. German economy is forecast to go up 0.5% in 2012 and the pace of growth is set to accelerate to 1.5% in 2013.
English News
ČNB: Euro area to expect 0.3% drop in GDP this year
23.01.2012 - 17:35 | English news
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