GDP growth in European countries contracted for the 5th straight month, solidifying the fact that the Western economies are in recession, and have little expectation of coming out of it anytime soon.
Or as Clubber Lang (Mr. T.) predicts for the Eurozone...
- Italy: 44.3 vs 44.0 previously, exp. 43.8
- France: 48.8 vs 47.3 previously, exp. 48.7
- Germany: 48.4 vs 47.9 previously, exp. 48.1
- Greece: 42.0 vs 40.9, nobody cared about expectations as the economy is total freefall