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Eurozone: Ernst & Young Eurozone Forecast
Posted. 19.12.2011
Tags:
Ernst & Young,
Europe,
European Union,
Business ,
Recession,
opportunities,
Tax,
Employment,
Ireland
Overview
Winter edition – December 2011.
In our autumn forecast in September, we outlined our concerns about prospects for the Eurozone economy and predicted a slowdown in growth. While recognising that there were significant downside risks, I don't think any of us thought that our Winter 2011 report would be anticipating negative growth in the fourth quarter, a mild recession in the first half of 2012 and a fundamental debate about the future of both the Euro and the European Union.