The EU Now Expects A Recession For The Eurozone

The EU Now Expects A Recession For The Eurozone

WWW.BUSINESSINSIDER.COM - BRUSSELS (AP) — The European Union's executive branch expects the 17-nation eurozone economy to suffer a modest recession this year despite recent signs of stabilization, particularly in financial markets.In its latest projections Thursday, the European Commission's forecast forecasts a 0.3 percent contraction in the eurozone economy, with Greece leading the way downwards with a massive 4.4…

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