Sign on growth
The world economy is recovering, according to latest expert estimations. The US economy grew by 3.1% during the last quarter of 2012. Optimistic forecasts range at around 3% for the whole of 2013 as well. In China, industrial production in the fourth quarter of 2012 surprised us with a growth of 10.1%. For 2013, experts expect growth of between 7 and 8%. And in Europe, at least a partial reversal of the previous trend is evident. The budget deficit for the entire European Union is expected to decrease from around 3% in 2012 to around 2.5 % in 2013.
Since government and private economy...
