Eurozone likely to underperform in 2014

12/3/2013

Krzysztof Bledowski, Ph.D., senior economist
The eurozone faces a period of low prices, languishing real wages, suppressed consumption and barely growing fixed investment in the years to come. Forecasts put eurozone GDP growth at about 1% in 2014; manufacturing output is set to expand close to 2%. The region suffers from an overreliance on external demand for generating income. Issues in Brief

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