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Eurozone Growth Lower Than Projections

Eurozone growth failed to meet expectations in the fourth quarter of 2010 growing by 0.3 percent and well under the previous year’s 2.0 percent growth. For all of 2010, the Eurozone economy grew by 1.7 percent.

“This will be disappointing for the market… but at the same time we have seen very good industry surveys so we can expect other growth engines, exports and investment, those are the drivers that will count,” said Dominique Barbet, economist at BNP Paribas.

Source: BBC News [1]

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Scott Boyd

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