A glance at the EU's latest economic forecasts
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Source: Business News
Originally published: May 3, 2013 - 4:31 am
Originally published: May 3, 2013 - 4:31 am
| The latest economic forecast from the European Union shows that the recession in the eurozone will continue into 2013 with unemployment remaining at record levels. |
| Here is a glance at the latest economic forecasts. |
| Growth rates in annual GDP and unemployment rates, 2012 vs 2013 (percentage) |
| 2012 GDP(Estimate) 2013 GDP(Forecast) 2012 Unemployment(Estimate) 2013 Unemployment(Forecast) |
| European Union(27 countries) -0.3 -0.1 10.5 11.1 |
| Eurozone (17 Countries) -0.6 -0.4 11.4 12.2 |
| Austria 0.8 0.6 4.3 4.7 |
| Belgium -0.2 0.0 7.6 8.0 |
| Cyprus -2.4 -8.7 11.9 15.5 |
| Estonia 3.2 3.0 10.2 9.7 |
| Finland -0.2 0.3 7.7 8.1 |
| France 0.0 -0.1 10.2 10.6 |
| Germany 0.7 0.4 5.5 5.4 |
| Greece -6.4 -4.2 24.3 27.0 |
| Ireland 0.9 1.1 14.7 14.2 |
| Italy -2.4 -1.3 10.7 11.8 |
| Luxembourg 0.3 0.8 5.1 5.5 |
| Malta 0.8 1.4 6.4 6.3 |
| Netherlands -1.0 -0.8 5.3 6.9 |
| Portugal -3.2 -2.3 15.9 18.2 |
| Slovenia -2.3 -2.0 8.9 10.0 |
| Slovakia 2.0 1.0 14.0 14.5 |
| Spain -1.4 -1.5 25.0 27.0 |
| United States 2.2 1.9 8.1 7.7 |
| Source: European Commission |
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