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Created Fri 5th Sep 8:50am PDT by keyeshoveden
All questions » Business » Economics » 

Will the Eurozone show negative growth in the thrid quarter 2008?

Settled as Yes

Released news reports indicate that the Eurozone has shown negative growth for the Third Quarter of 2008



"The eurozone has officially slipped into recession after EU figures showed that the economy shrank by 0.2% in the third quarter. "

http://news.bbc.co.uk/2/hi/business/7729018.stm

Background:

The Eurozone is a bit of a mixed bag. Spain and Ireland have had huge property bubbles. Many of the countries are running a huge fiscal deficit. But the quick actions of the European Central Bank last year may have taken the heat out of the credit crunch.


Settlement details: As reported by a major mainstream news source. First release of Eurozone GDP data from European Central Bank.

 
Forecast history, %
   Zoom in

Settled

 Yes
72%
No
28%
Activity: H$7,322
Settled as Yes on Fri 14th Nov 4:48am PST

Suspend date: Wed 15th Oct 4:59pm PDT Settlement date: Fri 14th Nov 4:48am PSTPrediction cut-off: Predictions on this question after Wed 15th Oct 4:59pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 70%

Action history:

Created Fri 5th Sep 8:50am PDT by keyeshoveden
Changed Question text Thu 2nd Oct 7:46am PDT by tomg[Admin]: show details
... ... WilWill the Eurozone show negative growth in the thrid quarter 2008?
Suspended Wed 15th Oct 4:59pm PDT : Suspend date reached
Settlement requested Fri 14th Nov 3:27am PST by keyeshoveden: http://news.bbc.co.uk/1/hi/business/7729018.stm

We have an answer!
Settled as 'Yes' Fri 14th Nov 4:48am PST by bayoubear[Admin]: Released news reports indicate that the Eurozone has shown negative growth for the Third Quarter of 2008



"The eurozone has officially slipped into recession after EU figures showed that the economy shrank by 0.2% in the third quarter. "

http://news.bbc.co.uk/2/hi/business/7729018.stm

Suspend date: Wed 15th Oct 4:59pm PDT Settlement date: Fri 14th Nov 4:48am PSTPrediction cut-off: Predictions on this question after Wed 15th Oct 4:59pm PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (18)

18 predictions

7 weeks ago
opie predicted Yes (H$50 at 72%)
7 weeks ago
tpillon predicted Yes (H$50 at 72%)
7 weeks ago
joaoxxx predicted Yes (H$100 at 72%)
7 weeks ago
stefan predicted Yes (H$100 at 72%)
7 weeks ago
youbet predicted No (H$100 at 24%)
more

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