Sign Up to Receive an Email Alert when Flash Headlines are Published
Europe Update: IMF Says Eurozone Will Enter Recession in 2012
An IMF report said Thursday that the Eurozone will likely enter a mild recession in 2012 and that ECB should continue to buy Government bonds in an effort to boost confidence.
The report indicates that the IMF estimates Eurozone GDP will shrink by 0.5% in 2012.
In addition, the IMF’s forecast for global growth was cut to 3.3% in 2012 and to 4% in 2013.
Finally, Italy's growth forecasts were reduced to (2.2%) in 2012 and (0.6%) in 2013.
iShares Eurozone - Last 12 Month
iShares Italy - Last 12 Month
Introducing the Option Income Generator. This new service is designed to help tame market volatility by producing monthly income via a proprietary buy-write strategy. Check it out today!
Remember, you are in control your email alerts! You can receive alerts for more than 25 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.
