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Originally Posted by Fabb
That's a lie.
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Ahem....
The major Eurozone economies are forecast for annual GDP growth of 2 to 2.5% exactly as I said - except for Italy which can't even manage 2%. That's not a boom. France's growth in Q3 was 0%. Admittedly that follows high growth in Q2 but no kind of boom has growth for even one quarter at 0%. I don't consider Britain to be booming even though the economy grew at an annualised rate of 2.8% in Q3 (and over the last four quarters) and is forecast for 2.6% for the year. Other major developed world economies on that chart such as the United States (3.3%), Canada (2.8%), Australia (2.7%), Japan (2.7%) are also forecast to grow faster than the major Eurozone economies in 2006.