OECD slashes eurozone growth forecasts

2012-11-27 18

The debt crisis in the recession hit eurozone is the biggest threat to the global economy, according to the Organisation for Economic Cooperation and Development.

As a result the OECD has slashed global growth forecasts.

The latest report predicts a contraction of the eurozone economy for at least the next two years.

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http://www.euronews.net/