giftedviz.com
giftedviz.com September 20, 2018


Eurozone Growth Set to Accelerate as Threats Subside

10 November 2017, 01:02 | Austin Hogan

On the back of robust consumer spending and a global economic recovery, the 28-member bloc's GDP, meanwhile, is seen expanding this year by 2.3%, up from the 1.9% previously forecast.

The European Commission assesses that this year the Croatian economy will grow by 3.2 percent, 2.8 percent next year, and 2.7 percent in 2019.

Italy's public debt, the second highest in the European Union after Greece, will finally start easing from next year after peaking at 132.1 percent of GDP in 2017.

The highest growth within the eurozone is expected in Malta (5.6%), Ireland (4.8%) and Slovenia (4.7%), while the lowest is projected for Greece and France (1.6%) and Italy (1.5%), similar to the United Kingdom growth rate.

By contrast to the slowing United Kingdom economy, the rest of Europe will continue to grow robustly, carrying on the strong levels of economic expansion seen over the past year or so.

Relatively moderate increases in regulated fuel prices have contained overall HICP (The Harmonised Index of Consumer Prices) inflation, which is forecast to average 1.3% in 2017, marginally below the euro-area average. Yet challenges remain in the form of high debt levels and subdued wage increases. Our policies need to remain firmly focused on making growth sustainable and inclusive. He also said the eurozone needs to become "more resilient" to future shocks and turn itself into a "true motor of shared prosperity".

Luis Suarez says Philippe Coutinho has the 'ambition' to play for Barcelona
Barcelona , though, are excepted to return for Coutinho in January, having seen offers as high as £118m rebuffed. But the Reds held firm in their stance that the 25-year-old was not for sale.


Texas church shooting, is this the new "normal?"
The violence is consistent with a trend in recent United States history - mass shootings have become more frequent and more deadly.


Air force error allowed Texas shooter to buy guns despite conviction
Martin said Kelley called his father from the vehicle before he crashed and said he was wounded and didn't think he would make it. Kelley had also previously attended the First Baptist Church but was not welcomed there, Wilson County sheriff Joe Tackitt said.


The EC said growth this year is supported by private consumption and rebounding investment. The economy would slow even further to 1.3 percent in 2018, followed by 1.1 percent in 2019. Romania's 2017 budget is built on projections for 6.1% economic growth and deficit equivalent to 2.96% of GDP.

The general government headline deficit is projected to further deteriorate to 3.5% of GDP in 2017 from 3.0% in 2016, due to numerous fiscal easing measures.

In line with robust real GDP growth and a strong labour market, and despite the reduction in taxation worth 0.2% of GDP, tax revenues are expected to continue growing. By contrast, diminishing uncertainty and improving sentiment in Europe could lead to stronger-than-forecast growth, as could stronger growth in the rest of the world.

In 2016, Romania's economy grew by 4.8% year-on-year, compared to a revised growth rate of 3.9% in 2015.

The EU Commission has downgraded its expectations for United Kingdom economic growth, saying its assumptions are even based on there being no change in trading status after Brexit. The Commission's autumn forecasts published today in Brussels are similar to those released earlier by the Croatian government, reports Jutarnji List on November 9, 2017.

This, the Commission said, is for "forecasting purposes only and has no bearing on the talks underway" in the context of the Brexit talks, which resumed Thursday.



Other News

Trending Now

Donald Trump in China for talks on North Korea and trade
China pulled out all the stops for President Donald Trump's Beijing airport arrival: honor guard, marching band, jumping children. Trump laughed at the antics of acrobats, then was serenaded by Chinese opera singers in elaborate headdresses and heavy make-up.

Love ranch dressing? Hidden Valley offers keg of the salad dressing
According to the product's website, the keg is made with a special FDA-approved inside coating that locks in the freshness. If that's not your style, you can always order a Hidden Valley holiday ranch fountain - with a festive skirt - for $110.

BMW M3 CS: Here It Is
Adding to the long list of CS BMWs , the 2018 BMW M3 CS is the first M3-sedan to get the legendary consonants tacked to its name. In fact, the M3 CS makes extensive use of CFRP for large sections of the body, including the bonnet and roof.

DOJ Demands CNN Sale to Approve AT&T-Time Warner Deal
President Donald Trump has repeatedly criticized CNN as fake news on his social media Twitter account in the past year. During the presidential campaign past year , he vowed to block it, saying it would create too large an organisation.

Germany's Top Court Recognizes 'Intersex' Gender In Birth Registry
The judges ruled that the law doesn't define gender as binary, so the government can not force citizens to leave the form blank. The intersex person was registered as female, but a chromosome analysis found the plaintiff to be neither male nor female.

Trump Seeks Billions of Dollars to Counter North Korean Missiles
North Korea will be at the top of the agenda as Trump tries to pressure Beijing into cracking down on Pyongyang. Their presence is a formidable show of force against North Korea.

Markets Trade in Red, Sensex Down at 33359, Nifty at 10333
Provisional data with the exchanges showed that on Tuesday, FIIs invested in scrips worth Rs 461.47 crore. Meanwhile, the broad based NSE Nifty fell by 47.00 or 0.45% at 10,303.15 with 41 components posting drop.

Anthony Joshua Sends Deontay Wilder A Message As Mouthwatering Fight Nudges Closer
I've actually been there on a tour, never to watch a game, but when I was younger I went there on a tour to look at the grounds. "It's no problem if Wilder wants to fight early next year, but no offers have been made to me".

Gov. Tom Wolf Launches Petition To "Reevaluate The Charges" Against Meek Mill
The judged spoke about the several chances she had given Mill , but he 'basically just thumbed your nose at this court'. Brinkley has presided over Meek's case since 2008, which is where is 10-year probation stems from.

Ezekiel Elliott suspended again; Could miss three divisional matchups
Dallas Cowboys running back Ezekiel Elliott will be suspended for six games starting immediately after the Second Circuit U.S. It wasn't immediately clear how soon the court would rule on Elliott's claim that he was treated unfairly by the NFL.