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Eurozone ‘facing recession right through 2013′

By Agence France-Presse
Friday, February 22, 2013 7:41 EDT
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Spanish anti-austerity protesters via AFP
 
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The eurozone faces another full year of recession in 2013 with economic output set to shrink by 0.3 percent after a 0.6-percent contraction last year, the European Commission said on Friday.

The winter economic forecast said there would not be a return to growth for the debt-laden 17-state monetary union until 2014, when growth would be ich 1.4-percent growth from this low base.

Agence France-Presse
Agence France-Presse
AFP journalists cover wars, conflicts, politics, science, health, the environment, technology, fashion, entertainment, the offbeat, sports and a whole lot more in text, photographs, video, graphics and online.
 
 
 
 
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