Thursday 8 November 2012

Don't expect "miracles" in the eurozone next year, SocGen CEO tells us


PARIS, Nov 8 (Reuters) - Societe Generale expects economic growth to be sluggish in 2013, making it difficult to give accurate forecasts for next year, the French bank's chief executive told Reuters Insider television.

"Economic growth should remain sluggish overall (in 2013), with a key uncertainty in the U.S. - the fiscal cliff - in the beginning of the year," Frederic Oudea said in an interview.

"In the euro zone, we can't expect miracles."

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