Credit Suisse pushes Swiss GDP forecast down sharply

24th November 2011, Comments 0 comments

GenevaLunch.com ZURICH, SWITZERLAND - Credit Suisse Thursday pushed its GDP growth forecast down sharply, from 2 percent to 0.5 percent, for 2012. The bank points to the euro crisis, which “continues to weigh on markets, with economic momentum in Europe fading unexpectedly quickly.” Switzerland will be hurt by the fall in exports due to “decidedly gloomier” [...]

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