2010 European economic forecasts in figures
(BRUSSELS) - The European Commission on Wednesday raised its 2010 growth forecasts for the eurozone, but expressed concern at the impact on economic activity of financial turbulence linked to the Greek debt crisis.
Here are the most important figures, for the 16-nation eurozone, for the full European Union, for its biggest economies, and for the others most at risk from market turbulence. The change on the most recent forecasts is in brackets, and comes from February forecasts for growth predictions, and November 2009 for the rest.
- EVOLUTION OF GDP
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2010 2011
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EUROZONE +0.9% (+0.7%) +1.5% (+1.5%) 27-MEMBER EU +1,0% (+0.7%) +1.7% (+1.6%)
BRITAIN +1.2% (+0.6%) +2.1% (+1.9%) FRANCE +1.3% (+1.2%) +1.5% (+1.5%) GERMANY +1.2% (+1.2%) +1.6% (+1.7%) ITALY +0.8% (+0.7%) +1.4% (+1.4%) NETHERLANDS +1.3% (+0.9%) +1.8% (+1.6%) POLAND +2.7% (+2.6%) +3.3% (+3.2%) SPAIN -0.4% (-0.6%) +0.8% (+1.0%)
GREECE -3.0% (-0.3%) -0.5% (+0.7%) PORTUGAL +0.5% (+0.3%) +0.7% (+1.0%) IRELAND -0.9% (-1.4%) +3.0% (+2.6%)
- PUBLIC DEFICITS (-) or surpluses (+) as ratio of GDP
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2010 2011
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EUROZONE -6.6% (-6.9%) -6.1% (-6.5%) 27-MEMBER EU -7.2% (-7.5%) -6.5% (-6.9%)
BRITAIN -12.0% (-12.9%) -10.0% (-11.1%) FRANCE -8.0% (-8.2%) -7.4% (-7.7%) GERMANY -5.0% (-5.0%) -4.7% (-4.6%) ITALY -5.3% (-5.3%) -5.0% (-5.1%) NETHERLANDS -6.3% (-6.1%) -5.1% (-5.6%) POLAND -7.3% (-7.5%) -7.0% (-7.6%) SPAIN -9.8% (-10.1%) -8.8% (-9.3%)
GREECE -9.3% (-12.2%) -9.9% (-12.8%) PORTUGAL -8.5% (-8.0%) -7.9% (-8.7%) IRELAND -11.7% (-14.7%) -12.1% (-14.7%)
- PUBLIC DEBT as ratio of GDP
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2010 2011
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EUROZONE 84.7% (84.0%) 88.5% (88.2%) 27-MEMBER EU 79.6% (79.3%) 83.8% (83.7%)
BRITAIN 79.1% (80.3%) 86.9% (88.2%) FRANCE 83.6% (82.5%) 88.6% (87.6%) GERMANY 78.8% (76.7%) 81.6% (79.7%) ITALY 118.2% (116.7%) 118.9% (117.8%) NETHERLANDS 66.3% (65.6%) 69.6% (69.7%) POLAND 53.9% (57.0%) 59.3% (61.3%) SPAIN 64.9% (66.3%) 72.5% (74.0%)
GREECE 124.9% (124.9%) 133.9% (135.4%) PORTUGAL 85.8% (84.6%) 91.1% (91.1%) IRELAND 77.3% (82.9%) 87.3% (96.2%)
- UNEMPLOYMENT
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2010 2011
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EUROZONE 10.3% (10.7%) 10.4% (10.9%) 27-MEMBER EU 9.8% (10.3%) 9.7% (10.2%)
BRITAIN 7.8% (8.7%) 7.4% (8.0%) FRANCE 10.2% (10.2%) 10.1% (10.0%) GERMANY 7.8% (9.2%) 7.8% (9.3%) ITALY 8.8% (8.7%) 8.8% (8.7%) NETHERLANDS 4.9% (5.4%) 5.2% (6.0%) POLAND 9.2% (9.9%) 9.4% (10,0%) SPAIN 19.7% (20.0%) 19.8% (20.5%)
GREECE 11.8% (10.2%) 13.2% (11.0%) PORTUGAL 9.9% (9.0%) 9.9% (8.9%) IRELAND 13.8% (14.0%) 13.4% (13.2%)