Saturday, February 13, 2016

Eurozone afloat – La Prensa (Nicaragua)

The economic growth in the eurozone rose in 2015 to 1.5 percent, which approached 2011 levels and recorded the best performance in four years, which may however be truncated this year by the slowdown in emerging economies and other political, economic and financial risks.

the whole of the European Union ended last year with an increase of 1.8 percent of GDP, a percentage identical to that of 2011, according to data from Community agency Eurostat statistics.

that office, based in Luxembourg, yesterday published its first estimates of the closure and the fourth quarter of 2015, in which the eurozone economy grew by 0.3 percent, the same as the set twenty-eight.

A spokesman for the European Commission (EC) acknowledged that the quarterly data reflects an evolution “slightly below expectations” of Brussels, both the euro area and the EU.

The data developed Eurostat put the GDP of both blocks at the end of last year, 0.1 percentage points below the macroeconomic projections of the EC published a week ago.

in the case of Spain, GDP rose 0.8 percent in the fourth quarter, the same percentage as the third and the annual balance Eurostat reported an increase of 3.5 percent.

the data passed by the National Statistics Institute (INE), puts growth Spanish economy for the whole of 2015 at 3.2 percent of GDP, one of the best data, according to the minister of economy and Competitiveness in office, Luis de Guindos.

“the Spanish economy progresses a cruising speed “close to 3.5 percent, reiterated after participating in a meeting of European ministers of Economy and Finance.

OUTSTANDING

of the EU countries, Slovakia had an annual data 4.0 percent of GDP, Romania and Poland 3.8 percent 3.6 percent, while Bulgaria recorded 3.1 percent, but the major economies of the eurozone, Spain is, along with Ireland, in the head.

Germany grew by 0.3 percent in the fourth quarter and ended the year with a rise of 1.7 percent, according to data released by the Federal Statistics Department.

the French economy grew 0.2 percent and obtained a growth of 1.3 percent, according to Eurostat, while the Italian progressed tenth less and ended the year with a GDP growth of 1.0 percent in annual terms.

the United Kingdom, meanwhile, evolved at the rate of 0.5 percent in the fourth quarter and annual GDP increased 1.9 percent.

on the negative side of the balance sheet came to Greece and Finland in recession both countries.

but there were KICKS

the Greek GDP contracted by 0.6 percent between October and December, compared with the same quarter of 2014 decreased by 1.9 percent.

in the case of Finland, the economy dropped by 0.1 percent and GDP by 0.2 percent year on year, but keep in mind, de Guindos, the effects of sanctions Russia on that country.
If the data in Europe compared with other major economies, the EU now stands up to the United States, which recorded an annual figure of 1.8 percent of GDP after rising 0.2 percent in the last quarter of 2015.

RISKS

While maintaining a cautious optimism and project that the EU economy will grow this year and next, the Economic Commission also knows that will make less than initially always expected at a moderate pace.

what predicts are more pronounced economic and political risks, ranging from the slowdown in China to the impact of the refugee crisis or threats security.

LikeTweet

No comments:

Post a Comment