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Friday, May 15, 2009

Around Europe economically and depressingly 

Stronger together and all that – so how are our European partners faring in these interesting economic times? These is an interesting series of postings coming up on A Fistful Of Euros on individual country performances, up so far are Italy, Estonia, Spain and Latvia.

Spain. GDP falls by an annualised 7.2% in first three months of 2009

Italy. GDP falls by an annualised 9.6% in first three months of 2009

Estonia. GDP falls by an annualised 15.6% in first three months of 2009

Latvia. GDP falls by an annualised 18% in first three months of 2009

Thoughtful reportage and unsettling graphs in all these reports. Wonder if our Cicero could put these, especially his beloved Estonia, into further context?

See also the general overview article by the same author ( Edward Hugh ) ‘Not all east European economies are the same’.

And our UK entry in this version of Eurovision is unlikely to be even as good as ‘nul points’….

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