Skip to navigationSkip to content

Europe’s recession is worsening

A link from Reuters

The euro zone economy faces a deeper-than-expected recession in 2012, with limited growth next year, the European Commission said on Wednesday in a report. Fresh forecasts call for slower growth than governments in all the bloc’s biggest economies have predicted, with countries continuing to miss budget deficit targets and unemployment continuing to climb.

Subscribe to the Daily Brief, our morning email with news and insights you need to understand our changing world.