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Economic Growth In The Third Quarter Of 2010 Is Still Not Optimistic.

2010/8/15 21:33:00 115

Economic Trade


According to the French media (tempsreel.nouvelobs.com) reported on August 10th, the recent survey of 75 famous European economists shows that although most economists remain pessimistic about the weakness of European economic recovery, they generally believe that the possibility of another recession in the euro area's economy is decreasing at the two time.


The report said that because of Germany

Export trade

Strong rebound, all kinds of economic and economic indicators pmit positive signals.

Economics

Scientists have raised the euro zone's second quarter growth forecast to 0.7%, while the previous survey expected an increase of 0.6%.


Economists are still not optimistic about economic growth in the third quarter of 2010, only 0.4% growth, and the growth rate will continue until the end of 2010. The main reason is that the austerity policy of the member states of the euro area will have a negative impact on the economic growth in the second half of the year.


However, economists believe that the possibility of a two dip in the euro area economy is only 15%, significantly lower than the July survey results (20%).


The survey also showed that in 2010,

Euro

The economic growth of the region is expected to reach 1.2%, higher than that of 1.1% in July.

At the same time, the euro zone's economic growth rate in 2011 also increased from 1.3% in July to 1.4%.


Reported that the European Central Bank President Tyse said last week that the economic index for the second and third quarters of 2010 shows that the economic trend is better than expected.

However, he still stressed that the economic recovery in the euro area has not been out of the fragile and weak trend.

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