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A glance at the EU's latest economic forecasts

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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