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The growth outlook for the eurozone has deteriorated over the past 3 months, says Ernst &...

Mar. 16, 2012 9:29 AM ETVGK, ADRU, FEZ, IEV, IRL, EZU, FXE, DFE, ERO-OLD, FDD, EU-OLD, URR, DRR, ULE, EUO, EPV, UPV, EIRL, FEPBy: Stephen Alpher, SA News Editor3 Comments
The growth outlook for the eurozone has deteriorated over the past 3 months, says Ernst & Young in its Spring quarterly forecast, now expecting 2012 GDP to contract 0.5%. Among the individual countries, Ireland's GDP is expected to fall 0.1% against a previous forecast of +0.5%. (full report)

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