Nor is China's stronger growth likely to save the region.
Nor is news of technically defined growth likely to offer much consolation to ordinary Greeks.
This year looks unusual in this respect, with slow growth likely despite the infusion of substantial tax rebates from an election-year stimulus plan.
"Much of this growth likely reflects involuntary lending, that is, banks expanding assets in response to liquidity commitments they extended during the previous good times," he said.
By early 2017, with growth likely to stall even according to CBO predictions, it should be apparent that we're reliving an alarming history.
"With factory gate prices falling, wage growth likely to slow sharply and a big amount of spare capacity in the economy, core inflation will decelerate considerably".
With no growth likely this year, the budget deficit has been revised up to 11.9% of GDP, excluding the bank bail-out costs.
With economic growth likely to come from China and South America, offering regular flights to these new markets will be crucial for long-term prosperity.
Britain's recovery appears to be accelerating, with GDP growth likely to be above 1% in the final quarter of 2013, according to the latest survey of the key services sector.
While some economists are optimistic, thinking that the tax rebate and falling interest rates make stronger growth likely this fall, shrinking corporate profits could worsen the economic downturn already in progress.
A worldwide fertility decline now should be seen as a positive event, which your article notes can be managed, while the additional growth likely poses ever greater threats.Donald A. CollinsWashington, DC SIR —I was dismayed by your leader.
