EC brighter outlook for 2013: UK expands 1.7% and Euro zone 1.3%

Monday, May 14th 2012 - 05:34 UTC

Full article 10 comments

The slow economic recovery is in sight across Europe, the European Commission said on Saturday, with the UK in line for 1.7% growth next year compared with an EU average of 1.3%. Read full article

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DanyBerger
Last years was said that UK will grow 2.7% in 2012 and what happened?

I just wonder over what basis these people make the forecasts, Guessing perhaps?
May 14th, 2012 - 08:03 am - Link - Report abuse 0
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LEPRecon
@1 - Guessing your probably right. But at least their guesses are based on facts, and probability projections.

Your government just makes up it's figures that are in no way based in fact or on probability factors, they're just based on wishful thinking. Then your government threatens to imprision anyone who tries to disagree with them on their fairy tale inflation rates and debt estimates.

30% inflation, Dany, no wonder you and your compatriots are always so angry.
May 14th, 2012 - 10:21 am - Link - Report abuse 0
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Britworker
Yes i think these figures will go right out the window when Greece leaves the Euro and defaults on its loans. They owe the UK 14b but apparantly they owe France over 60b. I expect that will send the forecasts out!
May 14th, 2012 - 01:43 pm - Link - Report abuse 0
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Conqueror
@1 You need to ask yourself some questions. First, were they reckoning on January to December? Or April to April? Next, if the months have numbers, isn't May number 5? Elementary question on arithmetic. 12 - 5 = ?

But then, these questions are probably beyond you. Please notice that I said “the questions”. You wouldn't stand a chance with the answers!
May 14th, 2012 - 01:54 pm - Link - Report abuse 0
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Malvinero1
our government just makes up it's figures that are in no way based in fact or on probability factors, they're just based on wishful thinking. Then your government threatens to imprision anyone who tries to disagree with them on their fairy tale inflation rates and debt estimates
Still Argentina looks and feel better than uk...
May 14th, 2012 - 04:27 pm - Link - Report abuse 0
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stick up your junta
Still Argentina looks and feel better than uk

Get yourselves a second opinion :-)))))
May 14th, 2012 - 04:49 pm - Link - Report abuse 0
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briton
Still Argentina looks and feel better than uk...
but still only skin deep.

up the british,
greece for the rest lol.
May 14th, 2012 - 05:01 pm - Link - Report abuse 0
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Brit Bob
@1 & 5 Taken from the Economist April 19th

'The World should stop indulging Ms CFK. Argentina remains in default on its debt to the Paris Club of Sovereign Creditors, and has not paid the sums that the World Bank's International Centre For The Settlement of Investment Dispute has determined it owes foreign companies. Last month the US suspended duty free access for some Argentine exports. Yet the country still belongs to the G20 and can borrow from organisations, and its citizens can visit all of Europe without a visa. That amounts to a free pass in foreign policy. If the West revokes these privileges, Argentina might see the true cost of their president's antics.'

Perhaps Argentina is on borrowed time...
May 14th, 2012 - 06:36 pm - Link - Report abuse 0
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toooldtodieyoung
Oh for gods sake!!! “the UK in line for 1.7% growth next year” That is not growth!!!! Wake up!!! 1.7%??? That is a mild swelling!!! You wait, oh how the Libcon's will be blowing their own trumpets and announcing British economic recovery while conviently forgetting :-

a/ that it was policies that put the economy in the toilet in the first place

and

b/ their cut backs that slowed the recovery.

Oh I can't wait for the depressing round of triumphant crowing from their benches while Pretty boy cameron and his little b*tch try congratulate each other. I'm sorry guys but the smartest politican? That's like being King Turd of sh*t mountian.

Anyway this is only a forecast right? Still plenty of time for the forecast to be, what do they call it? “Down-sized” or “Scaled-back” or what ever it is.

It is pitiful
May 14th, 2012 - 07:32 pm - Link - Report abuse 0
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briton
Apparently
It’s all in the hands of the Greek gods, now,
And the German money lenders,

And ?
.
May 14th, 2012 - 09:58 pm - Link - Report abuse 0
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