Monday, Jul 09, 2007
European Central Bank indicating that further increases in eurozone interest rates
FT.com: German figures key to likely eurozone growth
With the European Central Bank indicating that further increases in eurozone interest rates are likely, investors are asking if there could be a sharp slowdown in growth next year.
The eurozone is expected to grow by 2.7 per cent this year but analysts are more divided about the sustainability of the recovery in 2008. Forecasts for eurozone economic growth in 2008 are in the range of 2-2.5 per cent, according to Consensus Economics, the consultancy.
Posted by a worried japanese housewife :-((((( @ 09:37 PM (133 views) Add Comment
1 Comment
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1. Christh said...
心配しないで! Unless you own a house in Ireland of course.