May 14 - Can economic powerhouse Germany lift euro zone GDP numbers enough to avoid recession, or will markets be disappointed?
I'm afraid that -- -- see a continuation of the recession even in the second quarter. Because the peripheral countries are still really in the in the deep mess right now. The only hope -- that -- told him especially for the German Economy is strong enough to at least leave the core countries out of the recession. I think NASA -- you pick -- chance that they will disappoint -- certainly the beginning of the year. Which it -- that momentum had shifted and certainly that was -- improved sentiment as far as the euros and was consent. However the economic takes it really has struggled to US sort of backed that up. I think we know it means that the so relentlessly that we need to base. It's again group policies -- -- -- of GDP and I think you've got these old -- team has been going on -- -- until the last two -- -- Is the fact that the news stories it -- go why that is and and we you must. What we've put out attention somewhere else and we almost forget that the eurozone crisis is coming off. There's still potential. For us and European growth of the -- yet to comment actually very weak. We -- your pain of being you can preference still very much in recession and still feeling the effects of the austerity measures which it's been a long term dry. It doesn't look like we're really going to be out of recession because we stood how to digest the impact of the uncertainty surrounding. If he and Cyprus I think that's going to have a negative impact especially in the past couple of months of a cute too. I've overall I think would still be in more this recession in Q2 nothing but Q3 we exit reception for the eurozone as a whole. I think the market won't be that disappointed that's my opinion on this one because you are getting some good signs of revival for example in Germany. And -- I think that what people are expecting the perpetuation. Of that to mode to continue.