tommy271
Forumer storico
WSJ: Greece΄s Recession Will Continue In 2012
Analysts warned that Greece is at risk for a fourth year of recession in 2012, according to Wall Street Journal, despite official forecasts of a recovery.
Greece΄s economy could shrink 2% or more next year, following a 4.5% contraction in 2010 and an expected 3.9% downturn this year, amid plunging consumer demand, weakening global growth prospects and the possibility of fresh austerity measures, analysts said.
The deteriorating forecast could refocus market attention on the country where the euro-zone debt crisis began, after weeks of hand-wringing over the economic woes in Italy and Spain, according to the news agency.
A longer recession would hurt Greece΄s efforts to meet deficit-reduction goals, weighing on its ability to collect tax revenues while boosting outlays on social welfare.
These forecasts would raise questions about the €110 billion euro bailout the country received last year from the European Union, the European Central Bank and the International Monetary Fund, as those bailout loans are predicated on the moribund economy returning to growth in 2012 after painful fiscal and economic changes.
(capital.gr)
Analysts warned that Greece is at risk for a fourth year of recession in 2012, according to Wall Street Journal, despite official forecasts of a recovery.
Greece΄s economy could shrink 2% or more next year, following a 4.5% contraction in 2010 and an expected 3.9% downturn this year, amid plunging consumer demand, weakening global growth prospects and the possibility of fresh austerity measures, analysts said.
The deteriorating forecast could refocus market attention on the country where the euro-zone debt crisis began, after weeks of hand-wringing over the economic woes in Italy and Spain, according to the news agency.
A longer recession would hurt Greece΄s efforts to meet deficit-reduction goals, weighing on its ability to collect tax revenues while boosting outlays on social welfare.
These forecasts would raise questions about the €110 billion euro bailout the country received last year from the European Union, the European Central Bank and the International Monetary Fund, as those bailout loans are predicated on the moribund economy returning to growth in 2012 after painful fiscal and economic changes.
(capital.gr)
, o si cambia registro altrimenti peggio di uno tsunami, solo che il sistema è in mano a quelli che lo hanno fatto crollare, ci fregheranno i liquidi e le disponibilità e poi faranno ammenda dalle loro isole greche, comprate a sconto, salve li legoo da molto e intervengo solo ora, grazie cmq del livello alto di alcune discussioni, veramente ottimo, c'ho da imparà
