Fic, Dr Tatiana; Liadze, Iana; Holland, Dawn; Barrell, Ray - National Institute of Economic and Social Research - 2009
below trend. The prospects for the Euro Area are bleak as its four biggest economies à Germany, France, Italy and Spain à … experience sharp falls in GDP in 2009, ranging from 2.9 per cent in France to 5.1 per cent in Germany. Of the four countries …