EU recession close to inflection point but unemployment remains at 'unacceptable levels'

Thursday, November 7th 2013 - 07:44 UTC

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The Euro zone economy's gross domestic product will grow 1.1% in 2014 and 1.7% in 2015, with imbalances diminishing as unemployment remains at unacceptable levels, the European Commission said in a report released earlier this week. Read full article

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ChrisR
“Moderate macroeconomic advances are not sufficient ”to claim victory' says Olli Rehn”

This guy sounds like he might actually know what he is talking about.

He is waiting for the second derivitive to be zero (clearly indicating the inflection point has been reached) before he jumps on the bandwagon of “the worst is over” which left some time ago carrying those who did NOT know what they were talking about.
Nov 07th, 2013 - 06:29 pm - Link - Report abuse 0
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toooldtodieyoung
The sooner we get out of the EU or the FU or the Common Market or whatever the hell it's called these days, The better.

If it was a horse, the EU would have been sold to the glue factory in about 2009. It is a drain on our pockets and if good ol' “Dave” values his political survival, he will get us out....NOW.

Come to think of it, it won't make any difference, I'm still voting UKIP.
Nov 07th, 2013 - 07:37 pm - Link - Report abuse 0
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Briton
They are now desperate; they have cut interest rates to almost zero,
And still screw it up,

Still
Considering the unmighty EU has not been signed off by the auditors for the last decade,

Is it a wonder why, it is destined to collapse..
.
Nov 07th, 2013 - 08:38 pm - Link - Report abuse 0
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