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Old 13-11-09, 13:59   #61 (permalink)
 
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Default Re: Recession News .... Latest!

Eurozone emerges from recession ....... BBC report here
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Old 13-11-09, 18:43   #62 (permalink)
 
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Default Re: Recession News .... Latest!

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Originally Posted by John Sharples View Post
Eurozone emerges from recession ....... BBC report here
Good news:

more people will have (read: Spend) money to go to Tenerife on Vacation...

Bad news:

However, Spain's troubled economy contracted further in the quarter

IMO Spain will be lost for 3 years more....
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Old 13-11-09, 18:48   #63 (permalink)
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Default Re: Recession News .... Latest!

Yep they're talking 2014 now before a noticeable recovery, not 2012! At least they're being realistic.
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Old 14-11-09, 00:32   #64 (permalink)
 
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Default Re: Recession News .... Latest!

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Yep they're talking 2014 now before a noticeable recovery, not 2012! At least they're being realistic.
Didnt Zapatero say (in February) that the crisis would be finished in May

not to forget my favorite... "In Madrid no es crisis"
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Old 12-02-10, 14:05   #65 (permalink)
 
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Default Re: Recession News .... Latest!

Germany's recovery from recession faltered in the final quarter of 2009, according to preliminary figures released on Friday.

The German economy failed to grow at all in the last three months of the year, with GDP unchanged compared with the previous quarter.

Full story here
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