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Europe Live Tuesday 21st May 2013

Slight recession in the euro zone in 2012

27th February 2012

According to forecasts made by the European Commission, published on 23rd February the euro zone is due to face a slight recession in 2012 totalling 0.3%, whilst EU growth will be zero. The first two quarters will be particuarly difficult whilst recovery is expected in the second half of the year.

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