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Claim EUQ102 - GDP growth of EU-15, Q1 2002

Category: Politics:UK Politics Finance:World Finance News:World News JUDGED at 0
Owner:3453, Panos
Judge:3126, Varulv
created:2002/04/08
due date:2002/05/31

The Claim

This is a scaled claim aiming to forecast the growth rate of the Gross Domestic Product (GDP) of the 15 members of the European Union (EU-15) during the 1st quarter of 2002, compared to the 1st quarter of 2001.

The payment equals [50+100*(r-1%)], where r is the GDP growth rate expressed in percentage points. The figure to be used for the judgement of the claim is the one to be reported by Eurostat on May 30, 2002

Eurostat indicators

The claim pays 50 if the reported rate equals 1%, 100 if r=1.5% or higher, and 0 if r=0.5% or lower.

The GDP growth rate reported corresponds to the growth rate between Q and (Q-4), at constant prices.

Judge's Statement

None

The Market

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Last trade price: 0
Current ask price: 100
Current bid price: 0
Pairs outstanding: 1144
Players participating: 22
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Your cash balance: 11963.91
Your holdings in this Claim: 0
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