Will recession hit Australia?, page-20

  1. 55,733 Posts.
    lightbulb Created with Sketch. 1029
    It's all  in the headline - our 2,7% compares very favourably with Europe's 0.8%

    "Australian Economic growth over 300% greater than Europe"

    That would get the punters going - the glass is half full


    "The European commission has slashed its forecasts for eurozone growth this year and next and warned there would be no magic bullet to turn around its fortunes.
    The EC cut its forecast for growth in 2014 to 0.8% from a previous forecast of 1.2%. It expects growth in 2015 to be 1.1%, and not 1.7% as it stated previously.
    Waning confidence, heightened geopolitical risks, weak investment, and a deteriorating outlook for the global economy were weighing on the single currency bloc, it added."

    http://www.theguardian.com/world/2014/nov/04/european-commission-cuts-eurozone-growth-forecasts
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.