- Euro zone GDP expected to rise 0.2% next year
- France expected to grow 0.4%
- Germany expected up 1.2%
- Greek GDP forecast to contract 4.2%
- Spain to contract 1.5%
If Greece leaves the euro zone, GDP would fall 4.5%, Moody’s forecasts.
EUR/USD is being dragged to and fro on fiscal cliff headlines. These are the most volatile markets in months, thank goodness.
