Tuesday, January 24, 2012

EUROPE DRAGGING THE WORLD

According to the IMF has said, the world economy is “deeply into danger zone” because of Eurozone.
So IMF’s predicts that the global economy will grow by 3,25 % in 2012, a 4% less than the earlier forecast.
In fact the Eurozone countries know that their economic will growth less than their first prediction, from 1.1% to 0,5%. The “fever” will also affects to the strongest economies such as France or Germany.
This stimate reduce the predictions of the german economy from the initial 1.3% to 0.3% for 2012.
With France we are going to see that it’s economy will down from the initial 1.4% to the final 0.2%.
However, the IMF thinks that the United States Economy will grow about 1.8%, thanks to it’s strong domestic data on jobs and manufacturing.
The crisis in the Eurozone is going to affect to emerging markets such central and eastern Europe or Asia too.
IMF goes on saying that Europa’s most pressing challenge will be to restore the confidence and put end to the crisis in the Eurozone.


Aitor

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