The Mudcat Café TM
Thread #161452   Message #3870280
Posted By: Teribus
06-Aug-17 - 11:47 AM
Thread Name: BS: Uk Labour Party discussion II
Subject: RE: BS: Uk Labour Party discussion II
"Our economy is among the weakest performers in the EU."

Really Shaw? I suppose that depends on which reporting period you wish to cherry-pick. However the following remains true:

"Since 2008, UK GDP is 11 per cent higher, compared to 6 per cent higher in the eurozone.

The eurozone's current period of strong growth is thought to reflect a cyclical bounceback, also helped by the European Central Bank's ongoing monetary stimulus programme.

The single currency zone has now seen 17 successive quarters of growth.

The unemployment rate in the eurozone currently stands at 9.1 per cent, down from 12 per cent in 2013, but still double the UK's current rate of 4.5 per cent."