Pages

Sunday, May 10, 2015

Eurozone pins hope on long-awaited economic rebound

Latest forecast quarterly growth of 0.5% would beat both UK and US in much-anticipated boost for single currency blocEurozone politicians are hoping for glimmers of a long-awaited economic rebound this week, with growth in the single currency bloc forecast to beat both the UK and US.Economists expect the lower oil price to have provided a fillip to eurozone growth in the opening months of the year and have pencilled in a 0.5% pick-up in GDP, according to a Reuters poll ahead of Wednesday’s figures. That would be the fastest for four years. Related: Greece debt repayment uncertain amid fresh round of talks Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com