La World Bank has cut estimates on the global growth in 2013 from +2,4 to +2,2%. Forecasts for the future have also been revised downwards GDP of the Eurozone, which you should contract by 0,6%, against the -0,1% estimated last January.
The slowdown in economic activity in the euro area, claims the World Bank, "is the weakness of the climate of confidence and the consolidation of the public finances under way in various countries of the area". As for the coming years, for the Eurozone the World Bank estimates a GDP growth of 0,9% in 2014 and 1,5% in 2015.
In developing countries, GDP in 2013 should register a growth of 5,1%, while in the more developed ones, where there is a high unemployment rate and a weak climate of consumer confidence, GDP growth should be 1,2%.
