Tornado Alley (PROG)

[fuagf]

Yep, Britain doing a bit better .. not much, but not much to beat .. this a bit old, but guess still holds ..

British economy to grow faster than all major countries in Europe

Britain's economic growth will outpace that of any other major European country over the next couple
of years, according to a thinktank, as the Bank of England is expected to vote against more stimulus.


Bank of England policymakers are expected to leave quantitative easing unchanged
at £375bn and interest rates on hold at 0.5pc on Thursday Photo: Alamy

By Angela Monaghan

6:44AM GMT 05 Nov 2012

Britain's economic growth will outpace that of any other major European country over the next couple of years, as parts of the Continent face "social breakdown", according to a think–tank.

Predicting that recession would continue in the eurozone in 2013, with only marginal growth in 2014, the Centre for Economics and Business Research said Britain would grow by 0.8pc and 1.4pc respectively.

Germany, Europe's largest and most powerful economy .. http://www.telegraph.co.uk/finance/economics/ , is expected to grow by 1.2pc in 2014, while France is expected to grow by 0.2pc, according to the CEBR.

"The economic situation in some parts of Europe is moving from bad to catastrophic. There is a danger that the economic problems will spill over into social breakdown in many areas of Europe as unemployment soars and governments run out of money," said Douglas McWilliams, the chief executive of CEBR. "We're moving to a situation that hasn't happened to a Western economy in peacetime."

Meanwhile, Bank of England policymakers are expected to vote against pumping more money into the economy this week.

The Bank's Monetary Policy Committee is expected to leave quantitative easing unchanged at £375bn and interest rates on hold at 0.5pc on Thursday after the economy grew 1pc in the third quarter.

Economists were previously forecasting a further £50bn injection of QE at this month's policy meeting, but that view changed after the economy grew more strongly than expected .. http://www.telegraph.co.uk/finance/economics/9630959/GDP-figures-show-Britains-double-dip-recession-is-over.html .. between July and September, and the Bank's deputy governor Charlie Bean questioned in a speech whether QE could boost growth in the current economic climate.

Howard Archer, chief UK economist at IHS Global Insight, said this week's decision would be a "close call" but expected no additional QE to be announced.

http://www.telegraph.co.uk/finance/economics/9654573/British-economy-to-grow-faster-than-all-major-countries-in-Europe.html

Yep, not in the Euro list

1) Andorra
2) Austria
3) Belgium
4) Cyprus
5) Estonia
6) Finland
7) France
8) Germany
9) Greece
10) Ireland
11) Italy

While the unemployed is a disaster i took the article optimistically in seeing a hint more stimulus
was on the way. The European bank with a AAA rating is in a good position to help more.