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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 16/12/11
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Dec. 16 (Bloomberg) -- Irish 3Q GDP -1.9% from previous
quarter vs -0.8% est.
• Irish 3Q GDP -0.1% from year earlier quarter vs +0.8% est.
• Irish 3Q GNP -2.2% from previous quarter, -4.2% from year earlier quarter
• Fall in consumer spending, investment outweighs increase in exports says Irish Central Statistics Office
But but but...
Talks between Hungary and the IMF about a safety net have been ended bad.
Hungarian news protals talk about big fight between Hungarian goverment and the IMF. IMF left the country.
http://www.portfolio.hu/en/economy/hungary_preparatory_aid_talks_break_down_with_imf_eu.23456.html