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EUROPOLITICS / Euro & EMU

Eurozone

OECD warns risk of “severe recession” rising

By Lénaïc Vaudin d’Imécourt | Wednesday 23 May 2012

The Organisation for Economic Cooperation and Development (OECD) has warned the 17-member eurozone that it risked falling into a “severe recession” if European leaders failed to take immediate policy action. “Today we see the situation in the...


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