Detailed text transcripts for TV channel - CNN - 20110513:08:03:00
Downward the annual economic growth in 2010 from 1.5% to 1.4% for that economy there. moving on the germany, germany's economy grew by 1.5% in the first three months of the year. that's the strongest pre2008 financial crisis performance we've seen in the l.a. two or three years. we should put it in to context, though. earlier on this week when the bank of england came out with the quarterly inflation report we saw uk economic growth forecast for this year, 2011 downgraded to 1.75% from 2%. we should put it in context some of the european economies still growing and having to downgrade the grow...
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