Published on August 30, 2011 by IFX | NEWS · No Comments
US ratings agency Standard & Poor's (S&P) lowered its growth estimates for the Eurozone but signaled that it will not dip back into recession.
S&P now expects gross domestic product in the single currency region to grow by 1.7% in 2011 and by 1.5% in 2012, compared to the previous growth estimates of 1.9% and 1.8%...
