Forex | Forex | Europe moving slowly out of recession (31/07/2009 13:04:37)

Europe moving slowly out of recession

Europe. China and Asian emerging countries have already seen the trend reversal. Germany and the US are now following suit. Both will see positive GDP growth again in the current quarter. The rest of Europe is, however, still lagging behind. But here too, the worst is already behind us. And at the turn of the year, we expect growth again for the whole of Europe. The (global) recovery will, however, be moderate and pretty bumpy. Italy. When the GDP numbers are released this coming Friday, it


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