Two more charts from Citi Research highlighting some growth differentials within the Euro area (note second chart - Ireland position).
As I mentioned before, these are not my views, these are Citi forecasts. Where I broadly agree with Citi on: 1) Ireland is likely to outperform EZ average growth in longer term (I am not sure about 3.0 and 3.1 percent growth in real terms in 2015-2016); and 2) EZ growth is likely to average around or below 1% in 2014-2016. More short-term, I doubt EZ will stay in a recession territory in 2013 (full year) and in 2014.
No comments:
Post a Comment