Bank UBS UBS, the largest bank in Switzerland to raise the expectations of future Swiss economy for the current year 2012 and next year, 2013, and excludes a large entry of his country in the circle of economic stagnation in spite of a steady rise in the exchange rate of the Swiss franc compared to other work.
Where the Bank noted that the Swiss economy could grow rapidly to reach 0.9% this year, 2012, and a pace of up to 1.9% for next year 2013, compared Ptoukath the previous 0.4% and 1.6% respectively, and the move came from the bank after the Swiss Economics Ministry raised its forecast for the economy amid signs of recovery in the economy of the euro clunk of sovereign debt crisis.
This has the Bank has also raised its forecast for the German economy, which is the largest economy in the European continent, along with all of the Italian economy and the French economy and the economy, the Swedish and Norwegian economy as well, which he sees signs of improvement in the euro zone economy as a whole and Europe amid waning effects of the crisis sovereign debt that has paralyzed free economies in general.
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