No recession for Europe.
Source: http://stockweb.blogspot.com/2008/05/no-recession-for-europe.htmlPosted on Thursday, May 15th, 2008 | In Current Market News, Europe, Exchange Traded Funds, Stocks to Watch
Contributed by: Vlada Kynsky (http://stockweb.blogspot.com/) -
Today released numbers show good shape for European economies. Germany more than doubled estimations and grew 1.5% in first three months of 2008 (quarter on quarter). Non-seasonally (quarterly basis) GDP grew 1,8%.
Another surprise is coming from France. Quarter on quarter growth by 0,6%. Great Britain up by 0,4%.Smaller European economies, Greece +1,1% and Austria +0,8%. But others shrank slightly. Portugal and Spain registered in the negative, -0,2% respectively -0,3%.
And how about Central European emerging markets. Czech Republic quarter on quarter +0,9% but non-seasonally still nice growth by 5,4%. Slovakia non-seasonally slow down from 14,3% to 8,7%.
Last 5 posts by Vlada Kynsky
- Investing in gold with ETF. - December 5th, 2009
- Jim Rogers about commodities, China and others. - October 25th, 2009
- How to invest in gold now. - October 18th, 2009
- ETF correlation - October 7th, 2009
- Treasury inflation protected securities ETF - October 4th, 2009
 About Vlada Kynsky (http://stockweb.blogspot.com/)
Vlada Kynsky studied economics and gained work experience as SAP analyst in information technology. His origin is in Czech Republic but due to different work assignments lived in many European countries. He explores mainly emerging markets. In his research he focuses on ETF and international stocks. Another area of interest are technology stocks. |
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