A glance at the EU's latest economic forecasts
A look at European Union's latest economic forecasts for the 17-member eurozone
The latest economic forecast from the European Union shows that the recession in the eurozone will continue into 2013 with unemployment remaining at record levels.
Here is a glance at the latest economic forecasts.
Growth rates in annual GDP and unemployment | rates, 2012 vs 2013 (percentage) | |||
2012 GDP(Estimate) | 2013 GDP(Forecast) | 2012 Unemployment(Estimate) | 2013 Unemployment(Forecast) | |
European Union(27 countries) | -0.3 | -0.1 | 10.5 | 11.1 |
Eurozone (17 Countries) | -0.6 | -0.4 | 11.4 | 12.2 |
Austria | 0.8 | 0.6 | 4.3 | 4.7 |
Belgium | -0.2 | 0.0 | 7.6 | 8.0 |
Cyprus | -2.4 | -8.7 | 11.9 | 15.5 |
Estonia | 3.2 | 3.0 | 10.2 | 9.7 |
Finland | -0.2 | 0.3 | 7.7 | 8.1 |
France | 0.0 | -0.1 | 10.2 | 10.6 |
Germany | 0.7 | 0.4 | 5.5 | 5.4 |
Greece | -6.4 | -4.2 | 24.3 | 27.0 |
Ireland | 0.9 | 1.1 | 14.7 | 14.2 |
Italy | -2.4 | -1.3 | 10.7 | 11.8 |
Luxembourg | 0.3 | 0.8 | 5.1 | 5.5 |
Malta | 0.8 | 1.4 | 6.4 | 6.3 |
Netherlands | -1.0 | -0.8 | 5.3 | 6.9 |
Portugal | -3.2 | -2.3 | 15.9 | 18.2 |
Slovenia | -2.3 | -2.0 | 8.9 | 10.0 |
Slovakia | 2.0 | 1.0 | 14.0 | 14.5 |
Spain | -1.4 | -1.5 | 25.0 | 27.0 |
United States | 2.2 | 1.9 | 8.1 | 7.7 |
Source: European Commission |
