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Eurozone recession bites deeper

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Eurozone recession bites deeper

E
euronews (in English)

10 Views • May 03, 2013

Description

The European Commission has cut its growth forecasts for the eurozone, indicating a deeper recession this year and a slower recovery next year.

In its Spring forecasts, the Commission said the bloc's economy will likely shrink by 0.4 percent this year and should expand 1.2 percent next year.

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http://www.euronews.net/