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In euro zone, clouds still mask silver lining - The Washington Post
Keywords:
The European Commission forecast for 2013 shows a decline in GDP of 0.3% for the eurozone economies. The forecast shows a return to growth with GDP increasing by 1.4% in 2014 for the eurozone. The larger European Union is expected to grow by 0.1%. Unemployment is expected to increase from 11.4% to 12.2%.
Economic growth and GDP growth in eurozone countries 2013-2015
02/15/2013
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Economists estimate the lower value of the euro against the dollar and other currencies will boost economc growth in the eurozone by half a percentage point. Ireland, Portugal, Spain and France will benefit from the lower exchange rate for the euro in 2012-2014.
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