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OCED warns of European recession

Posted on January 3, 2012 by admin

The OCED has issued a warning that the UK and the eurozone in general may be entering another recession and given this fact has cut its forecast for global growth. The OCED predicts that the eurozone will shrink over the … Continue reading →

Posted in Economy | Tagged bank of england, Business, contraction, economic prospects, england governor, eurozone, first quarter, global economic growth, global growth, growth prediction, growth prospects, last quarter, mervyn king, mp, oced, recession, six months, spain, three months, treasury select committee, wealthy countries | Leave a comment