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Eurozone recession to last longer, European Commission predicts
Feb 22nd 2013, 12:42

The 17-member eurozone remains mired in a recession and it appears set to stay there for the time being. In its winter forecast, the EU executive has predicted the euro area economy will not achieve growth in 2013. An economic prognosis released by the European Commission on Friday indicates that the crisis-stricken eurozone...

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