Europe to Face Washington Disbelief With Economic Progress Claim

http://www.bloomberg.com/news/2013-04-14/europe-to-face-washington-disbelief-with-economic-progress-claim.html

The United States have been openly displeased with Europe's efforts to speed up the recovery and jump start its economy. At the meeting of the group of 20 finance ministers, president of ECB will face some serious disbelief. Whats concerning is that Europe's own forecast has been equally discouraging, with euro-zone economy shrinking 0.3 percent in 2013. In defense to its growth Europe's officials had to adjust its policies and strengthen certain parts of economy, which have often been met with a lot of resistance from the governments and people. It will be interesting to hear Mario Draghi's testimony in European Parliament and whether he has some new prescriptions to treat Europe's weak economy.