Italy Dec Retail Sales n.s.a (YoY): -3.8%; 0.2% (MoM)
Feb 22, 2013
European Commission expects Eurozone growth rate to pick up in 2013
European Commission's economic forecasts published on Friday suggest that in 2013 we will see a gradual recovery in economic activity in the Eurozone. It should initially be driven by an improvement in external demand and later by an increase in domestic investment and consumption.
The single currency breached Thursday’s lows, extending the decline to the proximities of 1.3150 after the ECB informed that 365 banks would repay €61.1 billion of the second 3-year LTRO, lower than the €122.5 billion expected...