IFO Institute German business climate
Euro Sovereign Debt Concerns Continue to Weigh on Market Sentiment
February 23, 2012
The Greek bailout will only be as good as the assumptions about economic growth that underlie it, and those took a new hit today. The EU revised projected GDP growth in 2012 downward to minus 0.3% from a forecast of 0.5% made in November. For individual countries using the euro, the EU projects GDP contractions […] More