FinFacts logo FinFacts 1 month ago

EU27 public debt could rise to 100% of GDP by 2014; Eurozone forecast to grow 2% in 2010 and 1.5% in 2011

1) Spending growth from 2011 two percentage points below nominal GDP growth rate. Full Article at FinFacts

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  1. European Union
  2. HSBC
  3. European Commission

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  1. European Commission President Jose Manuel Barroso (L) and Sweden's Prime Minister Fredrik Reinfeldt, whose country currently holds the EU rotating presidency, give a news conference during a two-day EU Heads of States summit at the EU council headquarters in Brussels December 10, 2009.
  2. BEIJING, CHINA - DECEMBER 1: European Commission President Jose Manuel Barroso (L) and Swedish Prime Minister Fredrik Reinfeldt (R) stand together before their meeting with Chinese President Hu Jintao at the Great Hall of the People on December 1, 2009 in Beijing, China.
  3. British Prime Minister Gordon Brown (L) and French President Nicolas Sarkozy (R) address va joint news conference during a two-day European Union leaders summit in Brussels December 11, 2009.

Cast of Characters

  1. European Union European Union
  2. HSBC HSBC
  3. European Commission European Commission
  4. European Central Bank European Central Bank
  5. Jean-Claude Juncker Jean-Claude Juncker
  6. International Monetary Fund International Monetary Fund