Thursday, 20 November 2008

It's official: eurozone collapses into its first recession

Europe's economy officially collapsed into recession for the first time since its inception during the third quarter, boosting hopes that the European Central Bank will be forced to cut interest rates again in December.
http://www.independent.co.uk/news/business/news/its-official-eurozone-collapses-into-its-first-recession-1019870.html