Crowd Goes Wild Over Euro’s Economic “Recovery” …..

suyts space

Heh, it tickles me how they write headlines, some times. 

Eurozone recovery accelerates but jobs elusive

Really?  It’s accelerating? 

BRUSSELS (AP) — Europe’s economy is growing faster, raising hopes for a sustainable recovery, but that may not be enough to bring down the record unemployment rate anytime soon.

The economy of the euro bloc grew 0.3 percent in the October-December period from the previous quarter, the Eurostat statistics office said Friday. That was slightly faster than expected and up from the third quarter’s 0.1 percent.

The recovery remains tepid, however, at least by global standards. The eurozone’s annualized rate of about 1.2 percent is less than half the U.S.’s 3.2 percent rate during the same period.

Yeh ….. well, yes, I suppose it is accelerating.  Zoom!!!!  I’ll have to look again and see the reformulation of how we figure GDP any more, and when, exactly the EZ is suppose…

View original post 220 more words

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s