Saturday, 4 May 2013

In a gloomy report, EU warns of record unemployment and continued economic crisis in Europe in 2013 

http://www.aljazeera.com/news/europe/2013/05/20135313514981298.html
 
EU growth forecast reversed amid deeper than expected recession 
 Record levels of unemployment and shrinking investment means the eurozone's economy will contract more than expected in 2013, the first ever two-year slump for the single currency area, according to European Commission figures today. 
 
http://www.telegraph.co.uk/finance/financialcrisis/10035738/EU-growth-forecast-reversed-amid-deeper-than-expected-recession.html