Market news
13.05.2011, 10:01

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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