ANEMIC RECOVERY FORECAST FOR THE EUROZONE IN 2013

The disparity between the Eurozone's north and south poles has widened and growth in 2013 will be inconsistent. Some countries will show some growth in 2013, but the periphery countries will continue to show negative growth rates.

Positive GDP Growth Forecast 2013

• Estonia: 3.5%
• Luxembourg: 2.4%
• Slovakia: 2.1%
• Malta: 1.9%
• Germany, Finland: 1.4%
• Austria: 1.3%
• Slovenia: 1.1%
• Netherlands: 1.0%

Below 1%

• France, Belgium: 0.8%
• Ireland: 0.6%

Negative GDP Growth Forecast 2013

• Greece: -2.3%
• Portugal: - 2.1%
• Spain: - 2.0%
• Cyprus: -0.8%
• Italy: - 0.2%