Debt crisis is dark cloud over Europe

Article looks at the economic prospects for the countries of Europe as seen by the FT European economic weather map, May 2010 and the OECD Economic Outlook, May 2010.

Writer says that the eurozone’s debt crisis hangs like a dark cloud over Europe’s economic prospects. But it is not yet clear that the Continent’s slow recovery from its worst recession since the second world war will be blown off course.

ESO: Background information: Clouds mar Europe’s sunnier outlook http://www.europeansources.info/record/clouds-mar-europes-sunnier-outlook/

OECD: Economic Outlook http://www.keepeek.com/Digital-Asset-Management/oecd/economics/oecd-economic-outlook-volume-2011-issue-2_eco_outlook-v2011-2-en

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